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 :

Updated On: Feb 27, 2025

₹ 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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