Mathematics · Compound Interest
If the difference between the compound interest and simple interest on a certain sum of money for three years at 8% per annum is Rs. 61.60, then find the sum.
- 1Rs. 3,125✓
- 2Rs. 4,050
- 3Rs. 5,050
- 4Rs. 2,125
Correct answer
Rs. 3,125
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