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