Mathematics · Interest
The simple interest and compound interest (compounded annually) on a certain sum of money for 2 years are Rs. 80,100 and Rs. 81,902.25 respectively. Find the principal sum of money.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 8,90,000✓
- 2Rs. 9,80,000
- 3Rs. 9,00,000
- 4Rs. 8,00,000
Correct answer
Rs. 8,90,000
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