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 12% per annum is ₹112. Find the sum. (Round off your answer to the nearest rupee)
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹7,778✓
- 2₹7,760
- 3₹7,775
- 4₹7,782
Correct answer
₹7,778
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