Mathematics · Compound Interest
The difference between compound interest (C.I.) and simple interest (S.I.) on a sum for three years is Rs. 840. If the rate of interest is 1119%, find the principal sum.
- 1Rs. 21870✓
- 2Rs. 20780
- 3Rs. 18225
- 4Rs. 24300
Correct answer
Rs. 21870
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