Mathematics · Simple and Compound Interest
If the difference between Simple Interest and Compound Interest on a certain sum of money deposited at the rate of 12% per annum for two years is ₹72, then find the principal amount deposited.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹5,000✓
- 2₹5,200
- 3₹5,500
- 4₹5,700
Correct answer
₹5,000
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