Compound interest (compounded annually) on a certain sum of money for 2 years at 4% per annum is Rs. 102. The simple interest on the same sum for the same rate and for the same period will be:
590,000
625,000
6% off
1,499
2,499
40% off
590,000
625,000
6% off
3,999
5,499
27% off
590,000
0.0
5.0
5.0
Download the Study24x7 App, so you can connect and collaborate.
