Q: The difference of compound interest and simple interest of a sum of money at the rate of 5% per year for 2 years is ₹250. The sum is
(a)₹1,00,000
(b)₹80,000
(c)₹40,000
(d)₹1,20,000
Correct Answer: (a)
The correct answer is (c): ₹40,000. Subject: Quantitative Aptitude & Data Interpretation | Sub-topic: Numerical Ability Note: This answer was determined through AI-based research. Verify against the official answer key when available.