Mathematics · Simple and Compound Interest

The difference between compound interest and simple interest on Rs. x at 15% per annum for 2 years is Rs. 9. What is the value of x?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1600
2400✓
3450
4500

Correct answer

400

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The difference between compound interest and simple interest on Rs. x at 15% per annum for 2 years is Rs. 9. What is the value of x?

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The difference between compound interest and simple interest on Rs. x at 15% per annum for 2 years is Rs. 9. What is the value of x?

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