state gov BSSC SSO Mock Test Series 2025 Quantitative Aptitude Interest Simple and Compound Both

If the difference between the compound interest and the simple interest on a certain sum of money at 8% p.a. for 2 years is ₹240, then the sum of money is:

1
₹38,000
2
₹37,000
3
₹37,500
4
₹38,500
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