Question

The difference between compound interest and simple interest on a certain sum for 2 years at 10% per annum is Rs. 200. What is the principal?

A Rs. 15,000
B Rs. 18,000
C Rs. 20,000
D Rs. 22,000
E None of these
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RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
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