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Ramakrishna borrowed Rs. 160000 from Anirudh at 10% per annum simple interest. After 2 years, when Ramakrishna wants to clear the debt, Anirudh insisted Ramakrishna to pay him at compound interest. How much more must Ramakrishna pay ?
A. Rs. 800
B. Rs. 1620
C. Rs. 1600
D. Rs. 810

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Correct Answer - C
Find amount at C.I. -amount at S.I.

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