Mathematics for FinancePYQ Jun 24Question 1259 of 422
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The difference between the compound interest amount and the simple interest amount for a period of two years, at same interest rate $r$ is

Options

A$P \times r$
B$P \times r^2$
C$P \times 2 \times r$
D$P^2 \times r$
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Correct Answer

Option a$P \times r$

All Options:

  • A$P \times r$
  • B$P \times r^2$
  • C$P \times 2 \times r$
  • D$P^2 \times r$

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