Question
The difference between the compound interest and the simple interest and the simple interest earned on a sum of money at the end of 4 years is Rs. 256.40. To find out the sum , which of the following informations given in the statements P and Q is/ are necessary ?
P : Amount of simple interest accrued after 4 years
Q : Rate of interest per annum
Answer: Option B
Was this answer helpful ?
To find the sum , difference between C.I. and S.I. , the time and the rate of interest are needed.
`:.` Only Q is necessary
`:.` Correct answer is (B) .
Was this answer helpful ?
More Questions on This Topic :
Latest Videos
Latest Test Papers
Submit Solution