Question:
The difference between simple interest and compound interest on a certain sum of money for 3 years at 10% per annum is ₹ 62. The sum is :
The difference between simple interest and compound interest on a certain sum of money for 3 years at 10% per annum is ₹ 62. The sum is :
Updated On: May 21, 2024
- ₹ 500
- ₹ 800
- ₹ 1,000
- ₹ 2,000
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The Correct Option is D
Solution and Explanation
The correct option is (D) :₹ 2,000.
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