Mathematics · Simple and Compound Interest
Amit invested equal amounts at simple interest and compound interest, compounded annually, for 2 years at the same rate of 4% per annum. If the difference between the two interests earned is ₹53, what was the amount (in ₹) invested in each case?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 132,375
- 232,225
- 333,475
- 433,125✓
Correct answer
33,125
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Simple and Compound Interest MCQs →Want more practice questions on Simple and Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Simple and Compound Interest