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Q:

The compound interest on a certain sum of money invested for 2 years at 5 % per annum is Rs. 328. The simple interest on the sum, at the same rate and for the same period will be 

  • 1
    Rs . 320
  • 2
    Rs . 308
  • 3
    Rs . 300
  • 4
    Rs . 287
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Answer : 1. "Rs . 320 "

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