Mathematics · Simple and Compound Interest
The difference between the simple interest and compound interest (interest compounded annually) on a certain sum for 2 years at 5% per annum is &; 42. Then, the sum is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1&; 16,000
- 2&; 9,600
- 3&; 8,400
- 4&; 16,800✓
Correct answer
&; 16,800
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Simple and Compound Interest MCQs →Want more practice questions on Simple and Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Simple and Compound Interest