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Q: The difference between the compound interest and the simple interest on a certain sum of money at 8% per annum for 2 years is `512. How much is that amount in rupees?
  • A. ` 60,000
  • B. ` 80,000
  • C. ` 70,000
  • D. ` 90,000
Correct Answer: Option B -
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Explanations:

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