Question

Find the difference between Simple Interest and Compound Interest for a sum of ₹ 8,000 lent at 10% per annum in 2 years.

A ₹ 60 Correct Answer Incorrect Answer
B ₹ 70 Correct Answer Incorrect Answer
C ₹ 80 Correct Answer Incorrect Answer
D ₹ 90 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The correct answer is C

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