Question

Govind invested some money in HDFC at 4% per annum rate of interest. What would be the corresponding simple interest (in 7) if after 2 years, Govind got ₹178.5 as compound interest, considering annual compounding?

• A. 175
• B. 185
• C. 170
• D. 190

Answer 1

Answer:

A. 175

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