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Q: The compund interest on a sum of money at 5% per anum for a period of 2 years is `6560. What will be the simple interest on the samesum for the same period at the same rate?/
  • A. ` 6400
  • B. ` 6440
  • C. ` 6260
  • D. ` 6380
Correct Answer: Option A -
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Explanations:

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