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Q. Compound interest on a sum of money for 2 years at 4% per annum is Rs. 2448. simple interest on the same sum of money at the same rate of interest for 2 years will be = ?

  • (A) Rs. 2500
  • (B) Rs. 2400
  • (C) Rs. 2360
  • (D) Rs. 2250
  • Correct Answer - Option(B)
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