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Ques:- The difference between the compound interest and the simple interest on a certain sum of money at 5% per annum for 2years is Rs. 1.50. Find the sum.
A. Rs. 800
B. Rs. 1200
C. Rs. 400
D. Rs. 600
E. None of these
Ques:- Simran started a software business by investing Rs.50,000. After six months, Nanda joined her with a capital of Rs.80,000. After 3 years, they earned a profit of Rs.24,500. What was Simran’s share in the profit?
A. Rs. 10500
B. Rs. 10,250
C. Rs. 12,500
D. Rs. 14,000