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:- P and Q started a business investing Rs.85,000 and Rs.15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively?
A. 3 : 4
B. 3 : 5
C. 15 : 23
D. 17 : 3