Mathematics · Compound Interest

The difference between compound interest and the simple interest on Rs. 1,250 for 2 years at 8% per annum is:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 8✓
2Rs. 6
3Rs. 4
4Rs. 2

Correct answer

Rs. 8

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The difference between compound interest and the simple interest on Rs. 1,250 for 2 years at 8% per annum is:

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The difference between compound interest and the simple interest on Rs. 1,250 for 2 years at 8% per annum is:

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