Question

Rs. 1600 is invested at 5% p.a. on simple interest, while Rs. (1600 –

  • A is invested at 10% p.a. on compound interest. If the difference between total compound interest and total simple interest after two years is Rs. 134, then find ‘A’. (Compound interest > simple interest).
A 430
B 300
C 540
D 200
E None of these
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