Mathematics · Compound Interest
If the difference between the compound interest (compounded annually) and the simple interest on a certain sum of money for three years at 10% per annum is ₹279, then find the principal sum.
- 1₹7,500
- 2₹8,000
- 3₹10,000
- 4₹9,000✓
Correct answer
₹9,000
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