What will be the difference between S.I. and C.I. on a sum of Rs. 15000 for 2 ye

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What will be the difference between S.I. and C.I. on a sum of Rs. 15000 for 2 years at the same rate of interest of $$12\frac{1}{2}$$ % per annum ?

Options:

A . Rs. 230.550

B . Rs. 234.375

C . Rs. 250.129

D . Rs. 324.357

Answer: Option B

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