Mathematics · Interest
What is the principal sum for which the difference between Compound Interest (CI) and Simple Interest (SI) for 2 years is Rs. 2000 at 4% per annum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 12,50,000✓
- 2Rs. 12,80,000
- 3Rs. 20,00,000
- 4Rs. 12,00,000
Correct answer
Rs. 12,50,000
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