On a certain principal, simple interest amounts to Rs. 2,000 in two years at the rate of 10% p.a. What will be the difference in the amount of interest if the same is compounded on annual basis?
P and Q are at a distance of 240 km from each other at 9:00 a.m. After 1 hour, P starts moving towards Q at a speed of 25 km/hr. At 11 a.m. Q startsmoving towards P at the speed of 18 km/hr. At what time (in p.m.) will they meet?