Question

Rs. 4000 invested at 5% p.a. on simple interest, while Rs. (4000 –

  • 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. 188, then find ‘A’. (Compound interest > simple interest)
A 1200
B 1400
C 1600
D 1800
E None of these
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