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