The difference between simple and compound interest on a certain sum of money for 2 years at 4 per cent per annum is Rs. 1. The sum of money is:ARs. 600BRs. 610CRs. 650DRs. 625Answer: D. Rs. 625 Read Explanation: (CI−SI) = Pr^2/100^2 1=Px16/100x100 P=625 Read more in App