Gujarati
Hindi
6.Interest
easy

The difference between simple and compound interest compounded annually on a certain sum of money for $2$ years at $4 \%$ per annum is ₹ $8$. The sum is (In ₹)

A

$10000$

B

$20000$

C

$5000$

D

$15000$

Solution

(c) $4 \%(4 \% P )=8$

$P =₹ 5000$

Standard 13
Quantitative Aptitude

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