The difference between compound interest and simple interest at the same rate on Rs 5000 for 2 years is Rs 72. The rate of interest per annum is:___________? | MCQ Hive

Mathematics Mcqs

Q The difference between compound interest and simple interest at the same rate on Rs 5000 for 2 years is Rs 72. The rate of interest per annum is:___________?

A A. 6%
B B. 8%
C C. 10%
D D. 12%

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