The difference between compound interest and simple interest on a sum for 2 years at 8% P.a is Rs 786. The sum is:
A. Rs 100000
B. Rs 11000
C. Rs 120000
D. Rs 170000
Answer:C
The difference between compound interest and simple interest on a sum for 2 years at 8% P.a is Rs 786. The sum is:
A. Rs 100000 B. Rs 11000 C. Rs 120000 D. Rs 170000