BANK J&K Bank Associates 2020 Quantitative Aptitude Interest Simple and Compound Both

The difference between the simple interest on a certain sum at the rate of 10% per annum for 2 years and compound interest which is compounded every 6 months is Rs. 124. What is the sum?

1

Rs. 8000

2

Rs. 8110

3

Rs. 8700

4

Rs. 9000

5

None of these

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