Mathematics · Compound Interest
The difference between the simple interest and the compound interest, compounded annually, on a certain sum of money for 2 years at 14% per annum is ₹741. Find the sum (rounded off to the nearest integer).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹37,819
- 2₹37,806✓
- 3₹37,813
- 4₹37,821
Correct answer
₹37,806
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