Mathematics · Interest
The difference between compound interest and simple interest on a certain sum of money for two years at 10% per annum is Rs. 523. Find the principal amount invested.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 52,300✓
- 2Rs. 42,300
- 3Rs. 62,300
- 4Rs. 72,300
Correct answer
Rs. 52,300
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