Mathematics · Interest
The difference between compound interest, compounded annually, and simple interest on a certain sum at 10% per annum for 2 years is ₹1,060. Find the sum (in ₹).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11,72,500
- 21,60,000
- 31,06,000✓
- 41,06,060
Correct answer
1,06,000
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Interest MCQs →Want more practice questions on Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Interest