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RPSC Prelims 2016Prelims 2016Q. 117 of 150
Q. 1171 markMedium
RPSC Prelims 2016·Prelims 2016
The difference of compound interest (annually) and simple interest on an amount of ₹15,000 for 2 years on the same rate of interest is ₹96. The rate of interest per annum is
(a)8%
(b)10%
(c)12%
(d)7%