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Under simple interest the principal each year stays:
AGrowing up
BShrinking
CDoubling
DThe same
Answer & Solution
Correct answer: D. The same
1. Compare the two columns in the worked table.
2. Under compound interest the principal grows each year.
3. Under simple interest it stays at the original sum.
4. So the answer is the same.
_Source: NCERT Class 8 Mathematics, Ch 7 'Comparing Quantities'_
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