Mathematics · Interest
The difference between compound interest and simple interest earned over two years on a certain principal amount is Rs. 198. If the annual rate of interest is 6%, calculate the total amount invested. (in Rs.)
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 155,000✓
- 257,500
- 350,000
- 452,500
Correct answer
55,000
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