Mathematics · Simple and Compound Interest
The difference between the Simple Interest and Compound Interest for 2 years on a certain sum at the rate of 5% per annum is Rs. 20. Find the sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 8000✓
- 2Rs. 6250
- 3Rs. 7250
- 4Rs. 7000
Correct answer
Rs. 8000
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