Mathematics · Interest
The difference between the compound interest and the simple interest on a given principal is ₹1,725 in 2 years. If the rate of interest in both cases is 25% per annum, and the compound interest is compounded annually, find the principal.
- 1Ratio 25,600
- 2₹26,500
- 3₹26,400
- 4₹27,600✓
Correct answer
₹27,600
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