Mathematics · Compound Interest
What is the difference between the compound interest (compounded annually) and the simple interest on a principal of ₹91,200 deposited at an annual interest rate of 10% for 2 years?
- 1₹914.60
- 2₹917.20
- 3₹916.20
- 4₹912.00✓
Correct answer
₹912.00
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