Mathematics · Compound Interest
On a certain sum of money, the difference between the compound interest for one year payable half-yearly and the simple interest for one year is Rs. 180. Find the sum if the rate of interest in both cases is 10% per annum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 53,000
- 2Rs. 72,000✓
- 3Rs. 64,000
- 4Rs. 81,000
Correct answer
Rs. 72,000
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