Mathematics · Compound Interest
An infrastructure project fund at 12% rate of compound interest after 2 years becomes Rs 144 more than the same fund at the same rate of simple interest after the same time period. What is the principal fund?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs 100
- 2Rs 2,400
- 3Rs 1,200
- 4Rs 10,000✓
Correct answer
Rs 10,000
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