What is the difference between the maturity values, if Rs. 12,500 is invested for 2 years at 20% per annum simple interest and compound interest?
A. Rs. 750
B. Rs. 650
C. Rs. 550
D. Rs. 500
Answer:D
What is the difference between the maturity values, if Rs. 12,500 is invested for 2 years at 20% per annum simple interest and compound interest?
A. Rs. 750 B. Rs. 650 C. Rs. 550 D. Rs. 500