Mathematics · Interest
The compound interest on a certain sum for 3 years at 10% per annum is ₹500. The simple interest on the same sum for thrice the time at one-third the rate of interest per annum is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹429.73
- 2₹630.57
- 3₹453.18✓
- 4₹815.07
Correct answer
₹453.18
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