The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be?
A. Rs.350
B. Rs.375
C. Rs. 380
D. Rs. 400
Answer:D
The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be?
A. Rs.350 B. Rs.375 C. Rs. 380 D. Rs. 400