Mathematics · Compound Interest
A certain sum amounts to ₹6,352.50 in 212 years at 10% p.a. compound interest, with interest compounded yearly. What will be the simple interest on the same sum for double the time at the same rate of interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹2,480
- 2₹2,560
- 3₹2,400
- 4₹2,500✓
Correct answer
₹2,500
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