Simple interest, at the same rate for the same period as given above in part (c) is :

1. ₹ 7040

2. ₹ 6400

3. ₹ 3200

4. ₹ 1280

The difference between C.I. and S.I. in 2 years as given above for parts (c) and (d) is :

1. ₹ 640

2. ₹ 3840

3. ₹ 1920

4. ₹ 1280

Pramod and Anand each lent the same sum of money for 2 years at 5% at simple interest and compound interest respectively. Anand received ₹ 15 more than Pramod. Find the amount of money lent by each and the interest received.

Simple interest on a sum of money for 2 years at 4% is ₹ 450. Find the compound interest on the same sum and at the same rate for 2 years.