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Q:
A) Rs. 3680 | B) Rs. 2650 |
C) Rs. 1400 | D) Rs. 1170 |
Answer: C) Rs. 1400
Explanation:
Explanation:
We know thatThe Difference between Compound Interest and Simple Interest for n years at R rate of interest is given by
Here n = 2 years, R = 20%, C.I - S.I = 56