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The difference between Simple Interest and Compound Interest on a certain sum of money for 2 years is Rs.200. If the rate of interest is 12.5%, what is the sum?

Correct Answer: Rs. 12800

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Math MCQ: The difference between Simple Interest and Compound Interest on a certain sum of money for 2 years is Rs.200. If the rate of interest is 12.5%, what is the sum? | Extra Education