Mathematics · Compound Interest
The difference between the compound interest compounded half-yearly for one year and the simple interest for one year on a certain sum of money is Rs. 200. What is the principal sum if the annual rate of interest in both cases is 20%?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 120000✓
- 217000
- 318000
- 421000
Correct answer
20000
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