Mathematics · Interest
The difference between compound interest and simple interest earned in two years on a certain sum of money is Rs. 288. If the rate of interest is 6% per annum, calculate the amount invested (in Rs.).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 172,000
- 280,000✓
- 385,000
- 475,000
Correct answer
80,000
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