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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:- Gautam started a business with a sum of Rs.60000. Jatin joined him 8 months later with a sum of Rs.35000. At what respective ratio will the two share the profit after two years?
A. 37 : 14
B. 18 : 7
C. 3 : 1
D. 2 : 1