Mathematics · Interest

The difference between the simple and compound interest on a certain sum of money for 2 years at 10% per annum is ₹750. What is the sum?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹90,000
2₹15,000
3₹60,000
4₹75,000✓

Correct answer

₹75,000

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The difference between the simple and compound interest on a certain sum of money for 2 years at 10% per annum is ₹750. What is the sum?

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The difference between the simple and compound interest on a certain sum of money for 2 years at 10% per annum is ₹750. What is the sum?

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