Mathematics · Interest
The difference between the simple interest and compound interest accrued in two years on a certain sum at a certain rate of interest is Rs. 320. If the simple interest for the second year is Rs. 2000, find the principal sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 12500✓
- 2Rs. 16500
- 3Rs. 10400
- 4Rs. 14000
Correct answer
Rs. 12500
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