Mathematics · Interest
If the difference between compound interest and simple interest on a certain sum of money for 3 years at 10% per annum is Rs. 62,000, then what is the principal sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 20,000
- 2Rs. 2,00,000
- 3Rs. 20,00,000✓
- 4Rs. 2,00,00,000
Correct answer
Rs. 20,00,000
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