A sum amount to ₹ 1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?
A. ₹ 150
B. ₹ 140
C. ₹ 130
D. Data insufficient for the answer
Answer:D
A sum amount to ₹ 1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?
A. ₹ 150 B. ₹ 140 C. ₹ 130 D. Data insufficient for the answer