Mathematics · Simple and Compound Interest
The simple interest on a sum at 3% p.a. in 3 years is ₹315. What is the compound interest on the same sum at 4% p.a. in 2 years, interest compounded yearly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹285.60
- 2₹326.60
- 3₹204
- 4₹228.48✓
Correct answer
₹228.48
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