Mr. A invested Rs. 12,000 in scheme A at a rate of 6 % per annum at simple interest and Rs. 16,000 in scheme B at the rate of 4 % per annum compounded annually. Find the difference between compound interest and simple interest at the end of two years.

1
Rs. 134.4
2
Rs. 123.4
3
Rs. 156.7
4
Rs. 144.4
5
Rs. 178.6

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation