Mathematics · Compound Interest
If the difference between the Compound Interest (CI) and Simple Interest (SI) for 2 years at the rate of 20% per annum on a sum of Rs. P is Rs. 224, then find the value of P.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 5800
- 2Rs. 5600✓
- 3Rs. 5400
- 4Rs. 5200
Correct answer
Rs. 5600
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