Mathematics · Interest
The difference between simple interest and compound interest on a certain sum of money for 2 years at 5% per annum is Rs. 15. What is the principal sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 4,500
- 2Rs. 5,500
- 3Rs. 5,000
- 4Rs. 6,000✓
Correct answer
Rs. 6,000
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