Mathematics · Compound Interest
The difference between simple interest and compound interest (compounded half-yearly) on a certain sum at 10% per annum for 1 year is ₹ 100. The principal sum is equal to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹ 40,000✓
- 2₹ 20,000
- 3₹ 10,000
- 4₹ 30,000
Correct answer
₹ 40,000
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