Mathematics · Compound Interest
If the difference between compound interest (compounded annually) and simple interest on a certain sum of money for 2 years at 4% per annum is Rs. 1.00, then what is the sum (in Rs.)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Rs. 625✓
- 2Rs. 452
- 3Rs. 526
- 4Rs. 456
Correct answer
Rs. 625
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Compound Interest MCQs →Want more practice questions on Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Compound Interest