"The difference between compound interest and simple interest on a sum for 2 years at 10% per annum,
Channel: Doubtnut
Date: 2020-04-05

"The difference between compound interest and simple interest on a sum for 2 years at 10% per annum, when the interest is compounded annually is Rs 16. If the interest were compounded half-yearly, the difference in two interests would be(a) Rs 24.81 (b) Rs 26.90 (c) Rs 31.61 (d) Rs 32.40"