Mathematics · Interest
The compound interest on a certain sum at 4% per annum (compounded annually) for 2 years is ₹102. On the same principal at the same rate for the same period, what will be the simple interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹101
- 2₹98
- 3₹99
- 4₹100✓
Correct answer
₹100
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