Mathematics · Interest
If the compound interest on a certain sum for 2 years at 4% per annum is ₹1,530, what would be the simple interest on the same sum for the same period and at the same rate?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹1,510
- 2₹1,350
- 3₹1,500✓
- 4₹1,400
Correct answer
₹1,500
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