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The difference between the compound interest and simple interest for two years on a certain sum at a certain rate of interest is Rs. 64. The compound interest for two years is Rs. 704. The principal is
The difference between the compound interest and simple interest for two years on a certain sum at a certain rate of interest is Rs. 64. The compound interest for two years is Rs. 704. The principal is
Updated On: Aug 29, 2024
- 800
- 1600
- 2400
- 3200
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The Correct Option is B
Solution and Explanation
The Correct option is (B): 1600
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