CUET Preparation Today
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 : |
₹500 ₹800 ₹1,000 ₹2,000 |
₹2,000 |
We know that, If the principal is 100% CI for 3 years at 10% per annum is = 33.1% for 3 years at 10% per annum is = 30% Difference = 33.1 - 30 = 3.1% So, 3.1% = 62 100% = 2000 |
