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What will be the difference between the ...

What will be the difference between the compound interest and simple interest at the rate of 5% p.a. on an amount of `₹4,000` at the end of two years

A

`₹10`

B

`₹20`

C

`₹30`

D

data inadequate

Text Solution

Verified by Experts

The correct Answer is:
A
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