The difference between simple and compound interest (compounded-annually) on a sum of money for 2 years at 10 % per annum is ₹ 65. The sum is
A. ₹ 6500
B. ₹ 6565
C. ₹ 65065
D. ₹ 65650
Answer:A
The difference between simple and compound interest (compounded-annually) on a sum of money for 2 years at 10 % per annum is ₹ 65. The sum is
A. ₹ 6500 B. ₹ 6565 C. ₹ 65065 D. ₹ 65650