Mathematics · Compound Interest
If the compound interest on a sum for 2 years at 122% per annum is ₹340, then the simple interest on the same sum at the same rate for the same period of time is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹310
- 2₹335
- 3₹330
- 4₹320✓
Correct answer
₹320
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