Mathematics · Interest
The compound interest and the simple interest for two years on a certain sum at a certain rate of interest are Rs. 1,230 and Rs. 1,200 respectively. Find the principal sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 10,600
- 2Rs. 12,600
- 3Rs. 10,000
- 4Rs. 12,000✓
Correct answer
Rs. 12,000
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