Mathematics · Simple Interest
On what principal amount (in ₹) will a simple interest of ₹940 be earned in 2 years at an annual interest rate of 5%?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 19,800
- 29,600
- 39,400✓
- 48,900
Correct answer
9,400
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