Mathematics · Compound Interest
Ramu invested a sum of money at 4% per annum compound interest, compounded annually. If after 2 years, the compound interest earned is ₹127.5, what would be the corresponding simple interest (in ₹) for the same principal, rate, and time period?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1135
- 2120
- 3125✓
- 4140
Correct answer
125
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