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    Question

    The difference between the interest earned on the same

    amount invested under compound interest and simple interest at the same rate of interest for 2 Rs.1180. If the rate of interest is 20% p.a. then find the amount invested? (In Rs.)
    A 29500 Correct Answer Incorrect Answer
    B 26500 Correct Answer Incorrect Answer
    C 28500 Correct Answer Incorrect Answer
    D 27500 Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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