Question:
The difference between simple and compound interest on a sum of money at 20% per annum for 3 years is Rs. 48. What is the sum?
The difference between simple and compound interest on a sum of money at 20% per annum for 3 years is Rs. 48. What is the sum?
Updated On: Oct 24, 2024
- Rs. 550
- Rs. 500
- Rs. 375
- Rs. 400
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The Correct Option is C
Solution and Explanation
The correct option is (C):Rs. 375
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