Mathematics · Simple and Compound Interest
The difference between the compound interest and simple interest on Rs. x at 12% per annum for 2 years is Rs. 18. What is the value of x?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1,300
- 2Rs. 1,340
- 3Rs. 1,280
- 4Rs. 1,250✓
Correct answer
Rs. 1,250
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