Mathematics · Interest
The difference between the simple interest and compound interest, compounded annually, on a certain sum of money for two years at 18% per annum is ₹56. Find the sum. (Rounded off to the nearest integer)
- 1₹1,710
- 2₹1,708
- 3₹1,735
- 4₹1,728✓
Correct answer
₹1,728
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