The difference between simple and compound interest compounded annually on a certain sum of money for 2 years at 4% per annum is Rs. 1. The sum in Rs. Is:

🎲 Try a Random Question  |  Total Questions in Quiz: 115  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Compound Interest — practice the complete quiz, review flashcards, or try a random question.


The difference between simple and compound interest compounded annually on a certain sum of money for 2 years at 4% per annum is Rs. 1. The sum in Rs. Is: