Mathematics · Interest
The difference between the simple interest and the compound interest (compounded annually) on a certain principal amount at 5% per annum for two years is ₹25. What is the principal amount?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹8,000
- 2₹10,000✓
- 3₹9,000
- 4₹15,000
Correct answer
₹10,000
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