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RRB Group D Interest — practice questions

2 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.

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The difference between compound interest and simple interest on a sum at 10% per annum for 2 years is Rs 50. TWhat is the difference between the simple interest and compound interest on ₹4500 at 8% per annum for 3 years?