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+1 vote
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in General by (49.3k points)

Alpha and Beta each invested Rs 10,000 for 2 years at the same rate of interest of 10% p.a., but Beta’s investment is compounded annually and Alpha’s investment is charged on simple interest. What amount did Beta receive more than Alpha? 

(A) Rs 150 

(B) Rs 100 

(C) Rs 200 

(D) More than one of the above 

(E) None of the above

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1 Answer

+1 vote
by (47.3k points)

Correct option is (B) Rs 100 

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