Q:

On a certain sum of money, the simple interest for 2 years is Rs. 350 at the rate of 4 % per annum. If it was invested at compound interest at the same rate for the same duration as before, how much more interest would be earned? 

• 1
  Rs. 14
• 2
  Rs. 35
• 3
  Rs. 3.50
• 4
  Rs. 7