Q. The difference between compound and simple interest on a certain sum for 3 years at 5% per annum is Rs. 122. The sum is = ?

  • (A) Rs. 16000
  • (B) Rs. 15000
  • (C) Rs. 12000
  • (D) Rs. 10000
βœ… Correct Answer: (A) Rs. 16000

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