Relevant Competitive Tests:
Sehar gave Shazia Rs.1250 on compound interest for 2 years at 4% per annum. How much loss would Sehar has suffered had she given it to Shazia for 2 years at 4% per annum simple interest?
A. Rs.10
B. Rs.2Correct Answer
C. Rs.5
D. Rs.3
Correct Option: B. Rs.2
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