Mathematics · Interest
If the difference between simple interest and compound interest on a certain sum of money for 2 years at an annual rate of 10% is Rs. 10, what is the principal amount?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 100
- 2Rs. 500
- 3Rs. 1,000✓
- 4Rs. 10
Correct answer
Rs. 1,000
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