If the difference between the compound interest compounded annually and simple interest on a certain amount at 10% per annum for two years is ₹ 372,…

CA Foundation · Quantitative Aptitude · RTP · May 2026
If the difference between the compound interest compounded annually and simple interest on a certain amount at 10% per annum for two years is ₹ 372, then the principal amount is.
(A) A. ₹ 37,000
(B) B. ₹ 37,200
(C) C. ₹ 37,500
(D) D. None of the above

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. ₹ 37,200

Topics: Part-A: Business Mathematics

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