Mathematics · Compound Interest
Find the difference between compound interest and simple interest when a sum of Rs. 25,000 is invested for 2 years at 5% per annum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 70.62
- 2Rs. 80.62
- 3Rs. 62.50✓
- 4Rs. 60.50
Correct answer
Rs. 62.50
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