Mathematics · Simple and Compound Interest
The difference between the compound interest and the simple interest earned on a certain sum of money in two years at 9% interest per annum is ₹97.2. Find the sum invested.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹12,000✓
- 2₹12,500
- 3₹15,000
- 4₹10,000
Correct answer
₹12,000
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