PU-MET : Panjab University MBA Entrance Exam with MCQ Answers 2018

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63.

If the difference between compound and simple interest on a certain sum of money for 3 years at 2 p.a. is Rs. 604, what is the sum?

A: 500,000
B: 450,000
C: 510,000
D: None of these

The answer is: A

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