Mathematics · Simple and Compound Interest
The difference between the Simple Interest and Compound Interest on a certain sum of money at the rate of 5% per annum for 2 years is ₹5. Find the sum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹2,500
- 2₹1,000
- 3₹1,500
- 4₹2,000✓
Correct answer
₹2,000
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