Mathematics · Compound Interest
The difference between the compound interest and simple interest received in two years on a certain sum of money is Rs. 80. If the annual rate of interest is 4%, calculate the amount invested (in Rs.).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 149,500
- 250,000✓
- 348,500
- 451,500
Correct answer
50,000
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