Mathematics · Compound Interest
The difference between the simple interest and the compound interest on a certain sum of money for 2 years at the rate of 6% per annum is ₹ 28.80. Calculate the principal amount.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1₹ 12,000
- 2₹ 9,600
- 3₹ 7,200
- 4₹ 8,000✓
Correct answer
₹ 8,000
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Compound Interest MCQs →Want more practice questions on Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Compound Interest