Mathematics · Interest
The simple interest and compound interest on a principal at a certain rate of interest for 2 years are Rs. 15,000 and Rs. 18,000 respectively. What is the principal?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 18,450
- 2Rs. 19,570
- 3Rs. 15,750
- 4Rs. 18,750✓
Correct answer
Rs. 18,750
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