The difference between the compound interest (compounded annually) and the simple interest on ₹20,000 for 2 years at R% per annum is ₹162. Find the value of R.
Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM
Options
- (A) 8
- (B) 9
- (C) 7
- (D) 6
Verified Answer
Option (B): 9
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