Mathematics · Compound Interest
The difference between compound interest (compounded annually) and simple interest for 2 years on Rs. 22,500 at 6% per annum is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 225
- 2Rs. 181
- 3Rs. 81✓
- 4Rs. 220
Correct answer
Rs. 81
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