Mathematics · Simple and Compound Interest
If the difference between the simple interest and the compound interest for 2 years at 5% per annum on a certain sum is equal to Rs. 50, then that sum of money (in Rs.) is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 120,000✓
- 218,600
- 317,800
- 416,400
Correct answer
20,000
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