Mathematics · Interest
If the difference between compound interest and simple interest on a certain sum of money for 3 years at 2% per annum is ₹ 604, then what is the sum?
- 1₹ 4,40,000
- 2₹ 5,10,000
- 3₹ 4,50,000
- 4₹ 5,00,000✓
Correct answer
₹ 5,00,000
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