Mathematics · Simple and Compound Interest
Amit invested the same sum at simple interest and at compound interest (compounded annually) at 4% per annum for 2 years. If the difference between the compound and simple interest at the end of 2 years is ₹44, find the sum (in ₹) invested in each.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 126,750
- 227,500✓
- 327,850
- 426,600
Correct answer
27,500
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