What will be the difference between the compound interest and simple interest at the rate of `55%` per annul on an amoun

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Q 2223434341.     What will be the difference between the compound interest and simple interest at the rate of `55%` per annul on an amount of `Rs 4000` at the end of 2 yr?
A

Rs.10

B

Rs.20

C

Rs.25

D

Data inadequate

E

None of these

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

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