Mathematics · 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 ₹304. Find the sum (rounded to the nearest integer).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹21,094
- 2₹21,103
- 3₹21,111✓
- 4₹21,101
Correct answer
₹21,111
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