Mathematics · Compound Interest and Simple Interest
If the difference between the compound interest and simple interest on a sum at a 5% rate of interest per annum for 3 years is ₹36.60, then the sum is:
- 1₹4,400
- 2₹8,400
- 3₹4,800✓
- 4₹8,000
Correct answer
₹4,800
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