Mathematics · Interest
What will be the difference between the simple interest and the compound interest compounded annually at the rate of 12% per annum on Rs. 5,000 for two years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 17.50
- 2Rs. 36
- 3Rs. 45
- 4Rs. 72✓
Correct answer
Rs. 72
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