Mathematics · Interest
The difference between the simple interest and the compound interest, compounded annually, on a certain sum of money for 2 years at 18% per annum is ₹168. Find the sum. (Round off your answer to the nearest rupee)
- 1₹5,171
- 2₹5,198
- 3₹5,185✓
- 4₹5,180
Correct answer
₹5,185
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