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 ₹247. Find the sum. (Give your answer to integral number without rounded off.)
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹12,616
- 2₹12,602✓
- 3₹12,585
- 4₹12,615
Correct answer
₹12,602
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