Mathematics · Simple and Compound Interest
The Simple Interest on ₹'x' for 3 years at 8% per annum equals half the Compound Interest on ₹4000 at 10% per annum for 2 years (compounded annually). Find the value of 'x'.
- 1₹1750✓
- 2₹1520
- 3₹6000
- 4₹1400
Correct answer
₹1750
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