THE DIFFERENCE BETWEEN THE SIMPLE AND COMPOUND INTEREST ON A CERTAI...

4. The difference between the simple and compound interest on a certain sum of

money at 5% rate of interest p.a. for two years is Rs.15. Then the sum is _____

(A) Rs.6500

(B) Rs.5500

(C) Rs.6000

(D) Rs.7000

Ans (C)