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The difference between the simple interest and the compound interest on a certain amount at 9% per annum for two years is Rs. 162, what is the princip
Question

The difference between the simple interest and the compound interest on a certain amount at 9% per annum for two years is Rs. 162, what is the principal?

A.

Rs. 19700

B.

Rs. 19000

C.

Rs. 20000

D.

Rs. 19500

Correct option is C

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