. The difference between compound interest and simple interest on an amount

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. The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

Options:

A . 8

B . 10

C . 12

D . Cannot be determined

Answer: Option A

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Question 1. . The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same s....the time at half the rate percent per annum is:

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Question 3. . What will be the compound interest earned on an amount of Rs. 5000 in 2 years? I. The simple interest on the s....becomed more than double on compound interest in 10 years.

Question 4. . What will be compounded amount? I. Rs. 200 was borrowed for 192 months at 6% compounded annually. II. Rs. ....II. Rs. 200 was borrowed for 16 years at 6%.

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Question 6. . What is the rate of compound interest? I. The principal was invested for 4 years. II. The earned interest ....for 4 years. II. The earned interest was Rs. 1491.

Question 7. . Mr. Gupta borrowed a sum of money on compound interest. What will be the amount to be repaid if he is repaying th....borrowed is 10 times the simple interest in 2 years.

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