Anil invests an amount for 2 years at the rate of 15% per annum at simple intere

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โœช Choose the correct option.

Anil invests an amount for 2 years at the rate of 15% per annum at simple interest.Had he invested in a scheme in which interest was compounded yearly he would have got Rs.450 more. Find the principal:

A. Rs.8,000
B. Rs.15,000
C. Rs.20,000
D. Rs.10,000

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