Math MCQ: Compound interest (compounded annually) on a certain sum of money for 2 yr at 4% per annum is Rs. 102. The simple interest on the same sum for the same rate and for the same period will be

Compound interest (compounded annually) on a certain sum of money for 2 yr at 4% per annum is Rs. 102. The simple interest on the same sum for the same rate and for the same period will be

Correct Answer: 100 rs

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WhatsApp+91 99922 70404Math MCQ: Compound interest (compounded annually) on a certain sum of money for 2 yr at 4% per annum is Rs. 102. The simple interest on the same sum for the same rate and for the same period will be | Extra Education