Mathematics · Interest
If ₹83,300 is deposited for 2 years at 3% per annum interest, then find the difference (rounded off to one decimal place) between the compound interest (when interest is compounded annually) and the simple interest.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹79.4
- 2₹75.0✓
- 3₹76.9
- 4₹83.9
Correct answer
₹75.0
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