Mathematics · Compound Interest
The difference between the compound interest and the simple interest on a certain sum at 10% per annum for 2 years is ₹1,200. Find the sum.
- 1₹1,50,000
- 2₹2,00,000
- 3₹2,70,000
- 4₹1,20,000✓
Correct answer
₹1,20,000
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