Mathematics · Interest
If the difference between the Compound Interest (C.I.) and Simple Interest (S.I.) on a certain sum at a 30% annual interest rate for 2 years is ₹ 990, then what will be 58 of the sum?
- 1₹ 55,000
- 2₹ 1,375
- 3₹ 6,875✓
- 4₹ 11,000
Correct answer
₹ 6,875
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