Mathematics · Interest
The difference between Compound Interest and Simple Interest in 2 years on a certain sum is Rs. 8 at an 8% annual rate. What is the sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1000
- 2Rs. 2000
- 3Rs. 1500
- 4Rs. 1250✓
Correct answer
Rs. 1250
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