The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is ₹ 1.50. The sum is?
A. ₹ 600
B. ₹ 500
C. ₹ 400
D. ₹ 300
Answer:A
The difference between the compound interest and the simple interest on a certain sum at 5 % per annum for 2 years is ₹ 1.50. The sum is?
A. ₹ 600 B. ₹ 500 C. ₹ 400 D. ₹ 300