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859

Q:

On a certain sum of money, the simple interest for 2 years is Rs. 350 at the rate of 4 % per annum. If it was invested at compound interest at the same rate for the same duration as before, how much more interest would be earned? 

  • 1
    Rs. 14
  • 2
    Rs. 35
  • 3
    Rs. 3.50
  • 4
    Rs. 7
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Answer : 4. "Rs. 7 "

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