Mathematics · Compound Interest
The difference between compound interest and simple interest on a certain principal at 12% per annum for 2 years is ₹1584. Find the principal sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹1,52,000
- 2₹1,22,000
- 3₹1,10,000✓
- 4₹1,05,000
Correct answer
₹1,10,000
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