Mathematics · Simple Interest and Compound Interest
The difference between compound interest and simple interest on Rs. x at 9% per annum for 2 years is Rs. 20.25. What is the value of x?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2,800
- 2Rs. 2,400
- 3Rs. 2,200
- 4Rs. 2,500✓
Correct answer
Rs. 2,500
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