Which of the following relation between C.I and S.I can be true if same amount of money is invested for same time period
A
C.I > S.I
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B
C.I = S.I
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C
C.I < S.I
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D
None of the above
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Solution
The correct options are A C.I > S.I B C.I = S.I Compound interest is equal to S.I for the period of one year but it is always greater than S.I for more than 1 year.