Question:
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1.
The sum (in Rs.) is:
A. 625
B. 630
C. 640
D. 650
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1.
The sum (in Rs.) is:
A. 625
B. 630
C. 640
D. 650
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