Mathematics
Medium
Question
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs. ) is_________?
A
625
✓ Official correct answer
B
630
C
640
D
650
Community credibility
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A
625
No member explanations yet for this option.
B
630
No member explanations yet for this option.
C
640
No member explanations yet for this option.
D
650
No member explanations yet for this option.