question_answer

We know that interest being due yearly on any sum of money deposited in the bank account. If the difference between the total simple interest and the total compound interest on a certain sum of money lent in each case for two years is Rs. 1800. If the simple interest for 2 years be Rs. 28800, then the sum in each case is:

A) (a) Rs. 105200

B) (b) Rs. 125200

C) (c) Rs. 115200

D) (d) Rs. 135200

E) (e) None of these