Mathematics · Compound Interest
On what sum of money will the difference between the simple interest and compound interest (compounded annually) for 2 years at 6% per annum be Rs. 36?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 10,000✓
- 2Rs. 1,000
- 3Rs. 100
- 4Rs. 1,00,000
Correct answer
Rs. 10,000
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