Mathematics · Simple and Compound Interest
The difference between simple interest and compound interest on a certain sum of money for 2 years at an annual interest rate of 5% is Rs. 200. Find the principal amount.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Rs. 40,000
- 2Rs. 42,000
- 3Rs. 85,000
- 4Rs. 80,000✓
Correct answer
Rs. 80,000
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 Simple and Compound Interest MCQs →Want more practice questions on Simple and Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Simple and Compound Interest