Mathematics · Compound Interest
If the difference between the simple interest and the compound interest for 3 years at the rate of 10% per annum on a certain sum is equal to ₹310, then that sum of money is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹10,000✓
- 2₹12,000
- 3₹9,500
- 4₹8,000
Correct answer
₹10,000
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