Mathematics · Interest
Calculate the difference between the compound interest and the simple interest on an amount of ₹5,000 at the rate of 8% per annum for 3 years (to the nearest ₹).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹108
- 2₹105
- 3₹102
- 4₹99✓
Correct answer
₹99
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