The difference between the compound interest (compounded annually) and the simple interest on a sum for 2 years at 10% per annum is Rs. 75. What is the sum (in Rs.)?
A. 5000
B. 6000
C. 7500
D. 7000
1 answer
Best answer
Answer: C. 7500
Answer: (C) 7500
For 2 years, CI − SI = \( P\left(\frac{R}{100}\right)^2 \). So \( 75 = P \times 0.01 \), P = Rs. 7,500.
Doubtly AI
· 27 Oct 2026
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