Question

Find out the difference between the two principal amounts, if the S.I. at the rate of 5% per annum for 2 years at some principal of Rs.500 and C.I. at same principal for the same year at the same rate is equal.
A) 122
B) 120
C) 125
D) 124

Answer 1

Answer:

b

Step-by-step explanation:

500x 2   = 1000/5 =120