Mathematics · Compound Interest
The difference between the compound interest (compounded annually) and the simple interest on a certain principal amount at a rate of interest of 5% per annum for 2 years is ₹25. Find the principal amount.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹7,500
- 2₹8,500
- 3₹9,000
- 4₹10,000✓
Correct answer
₹10,000
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