Telangana Police SI 2016 · Question 46 of 175

A person gives a loan of Rs. 50,000 at a rate of 8% per annum simple interest for 2 years and another Rs. 50,000 at the same rate compounded annually for 2 years. After 2 years the difference in the amount he gets back is

Percentage

1. A300
2. B320Correct
3. C360
4. D380