Mathematics · Interest
What will be the difference between compound interest (compounded annually) and simple interest on a sum of Rs 4,000 for 2 years at the rate of 5% per annum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Rs 8.75
- 2Rs 9.00
- 3Rs 10.00✓
- 4Rs 11.25
Correct answer
Rs 10.00
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Interest MCQs →Want more practice questions on Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Interest