Mathematics · Compound Interest
The difference between the compound interest and simple interest on a certain sum of money for 2 years at an annual interest rate of 12.5% is ₹781.25. What is the principal sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹78,125
- 2₹5,00,000
- 3₹80,000
- 4₹50,000✓
Correct answer
₹50,000
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