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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