Mathematics · Compound Interest
Amit invested the same sum at simple and compound interest (compounded annually) for 2 years at 4% per annum. The difference between the compound interest and the simple interest is ₹47. Find the sum (in ₹) invested in each case.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 128,475
- 229,375✓
- 328,625
- 429,725
Correct answer
29,375
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