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Simple Interest on a Sum at 12 1⁄2% per annum for 2 years is ₹256. What is the Compound Interest on the same Sum at the same Rate and for the same period?

A₹272

B₹282

C₹292

D₹312

Answer:

A. ₹272

Read Explanation:

SI = PRN/100 256 = Px2x 12.5/100 Thus P = 1024 A= 1024 ( 1+12.5/100)^2


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