The difference between the compound interest and the simple interest on a sum for 3 years at 10% per annum is ₹93. What is the sum?

A. ₹3300

B. ₹2900

C. ₹3000

D. ₹3100

Doubtly AI Asked 27 Oct 2026 AI-generated · not yet verified ssc cgl Save WhatsApp Report

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Answer: C. ₹3000

Answer: (C) ₹3000

Shortcut: for 3 years, CI − SI = \(P\left(\frac{R}{100}\right)^2\left(3 + \frac{R}{100}\right) = P \times 0.01 \times 3.1 = 0.031P\).

0.031P = 93, so P = ₹3000.

Doubtly AI · 27 Oct 2026 AI-generated · not yet verified Report

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