Mathematics · Interest
The difference between Simple Interest and Compound Interest for 2 years on a certain sum at the rate of 4% per annum is Rs. 8. Find the sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 10000
- 2Rs. 4000
- 3Rs. 5000✓
- 4Rs. 8000
Correct answer
Rs. 5000
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