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The difference between compound interest and simple interest for 2 years at the rate of 10% over principal amount of z X is z 10. What is the value of X ?

 A) RS.100 B) RS.1,000 C) RS.500 D) RS.5,000

 B) RS.1,000

For Rs.100, difference is 1

For difference of 10

Principal amount$$\Large (x) = Rs.(100 \times 10)$$

= Rs.1000

Option (B)is correct

Part of solved CDS Maths(1) questions and answers : Exams >> CDSE >> CDS Maths(1)

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