Question

The difference between the simple interest and compound interest on a certain sum of money invested for 2 years at 5% p.a. is ` 30. Then the sum: (a) 10,000 (b) 12,000 (c) 13,000 (d) None of these

Answer 1

(b)12000 is correct answer

Answer 2

(b) 12000 is correct