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Compound Interest — MATHEMATICS STD 9 — Question

ICSE BoardEnglish MediumSTD 9MATHEMATICSCompound Interest1 Mark
MCQ
The difference between the compound and simple interest on a certain sum deposited for 2 years at 5% p.a. is ₹ 12. The sum will be:
  • A
    ₹ 4500
  • B
    ₹ 4600
  • ✓
    ₹ 4800
  • D
    ₹ 5000
✓

Answer

Correct option: C.
₹ 4800
C

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