Mathematics · Compound Interest

When the difference between compound interest and simple interest for three years is ₹713 at 10% interest per annum, what is the principal (in ₹)?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

122,425
223,420
323,000✓
424,200

Correct answer

23,000

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When the difference between compound interest and simple interest for three years is ₹713 at 10% interest per annum, what is the principal (in ₹)?

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When the difference between compound interest and simple interest for three years is ₹713 at 10% interest per annum, what is the principal (in ₹)?

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