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UP TGT Mathematics Commercial Mathematics Test Series - Part 3

Find the difference between compound interest and simple interest on Rs. 12,000 at 10% p.a. for 3 years.

Type: MCQ • Marks: 1
Find the difference between compound interest and simple interest on Rs. 12,000 at 10% p.a. for 3 years.
Options
A. 400
B. 360
C. 380
D. 372
Explanation
CI=3972 and SI=3600. Difference=Rs. 372.
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