1.

1. The following statement is true regarding theinterest on a sum of Rs. 10000 at a rate of interestpafor4 years12%Oa) The simple interest is greater than thecompound interest(b) The simple interest is equal to thecompound interestOThe simple interest is less than thecompound interestOd) The data is not sufficient to answer thequestion​

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ANSWER:

OPTION a

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