1 If compound interest on a certain sum of money at 5% per annum for 2 years is Rs. 246. The simple interest on the same sum for 4 years at 8% per annum is : A Rs. 786 Rs. 768 C Rs. 815

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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1
If compound interest on a certain sum of money at 5%
per annum for 2 years is Rs. 246. The simple interest
on the same sum for 4 years at 8% per annum is :
A
Rs. 786
В
Rs. 768
C
Rs. 815
Transcribed Image Text:1 If compound interest on a certain sum of money at 5% per annum for 2 years is Rs. 246. The simple interest on the same sum for 4 years at 8% per annum is : A Rs. 786 В Rs. 768 C Rs. 815
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