Mathematics · Compound Interest
The difference between compound interest and simple interest on a sum for 2 years at 8% per annum is Rs. 768. Find the sum.
- 1Rs. 1,10,000
- 2Rs. 1,20,000✓
- 3Rs. 1,00,000
- 4Rs. 1,70,000
Correct answer
Rs. 1,20,000
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