Mathematics · Simple and Compound Interest
The difference between the simple interest and compound interest compounded annually on a certain sum invested for 2 years at 4% per annum is Rs. 51. Find the sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 31,875✓
- 2Rs. 30,750
- 3Rs. 23,745
- 4Rs. 43,750
Correct answer
Rs. 31,875
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