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The difference in simple interest and co...

The difference in simple interest and compound interest on a certain sum of money in 2 years at 10 % p.a. is Rs. 50. The sum is

A

A. 10000

B

B. 5000

C

C. 2600

D

D. 7500

Text Solution

Verified by Experts

The correct Answer is:
B

`((1300-1100))/(1100)xx100=18.18%`
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