The difference between compound interest and simple interest on a certain sum for 2 years with 5% interest rate compound

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Q 2472180036.     The difference between compound interest and simple interest on a certain sum for 2 years with 5% interest rate compounded annually is Rs. 12.5. What is the sum?
SBI-PO NoYear
A

Rs. 3600

B

Rs. 4000

C

Rs. 4500

D

Rs. 5000

E

Rs. 5400

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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