Mathematics · Interest
The difference between total compound interest and total simple interest for 2 years on a certain sum of money at 20% per annum is Rs. 420. What will be the simple interest earned on the same sum at 25% per annum for 3 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 5725
- 2Rs. 6525
- 3Rs. 7375
- 4Rs. 7875✓
Correct answer
Rs. 7875
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