Question:
The difference between simple interest and compound interest on a certain sum at 5% per annum for 2 years is ₹25. What is the sum invested?
The difference between simple interest and compound interest on a certain sum at 5% per annum for 2 years is ₹25. What is the sum invested?
Updated On: Aug 8, 2024
- ₹ 6,000
- ₹ 8,400
- ₹ 10,000
- ₹ 12,000
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The Correct Option is C
Solution and Explanation
The correct answer is (C) : ₹ 10,000.
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