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Maths Mcqs

A man deposited Rs 6000 in a bank at 5% P.a simple interest another man deposits Rs 5000 at 8% P.a Compounded interest. After 2 years the difference of their interest will be_________?

A. Rs 230
B. Rs 232Correct Answer
C. Rs 600
D. Rs 832
Correct Option: B. Rs 232

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