31)

A borrowed ₹58,000 from B at 8% per annum simple interest for 2 years.  He lent the same sum to C at 10% per annum compound interest, compounded annually for 2 years. How much did he earn (in ₹) in the transaction at the end of 2 years?

SSC Selection Post Matric 2022

A)

3,000

B)

2,800

C)

2,900

D)

2,750

32)

What is the difference between the compound interest on a sum of ₹10,000 at 12% p. a. for \(1{1\over4}\) years when the interest is compounded annually and when the interest is compounded 5-monthly? (nearest to a ₹)

SSC Selection Post Matric 2022

A)

35

B)

40

C)

36

D)

42