Mathematics · Compound Interest
The difference between the simple interest and the compound interest at a 72% annual rate for 3 years on a certain amount is ₹ 110.70. Find that amount:
- 1₹ 3,200
- 2₹ 1,200
- 3₹ 6,400✓
- 4₹ 2,400
Correct answer
₹ 6,400
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