Mathematics · Compound Interest
The compound interest charged on a certain sum is Rs. 720 for the first year and the total compound interest for two years is Rs. 1497.60, interest being compounded annually. Calculate the principal sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 7200
- 2Rs. 9000✓
- 3Rs. 8100
- 4Rs. 10800
Correct answer
Rs. 9000
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