The difference between Compound Interest and Simple Interest on a sum for 2 years at 15% p.a., compounded annually, is ₹225. The principal is:
CA Foundation · Quantitative Aptitude · MTP · September 2026
The difference between Compound Interest and Simple Interest on a sum for 2 years at 15% p.a., compounded annually, is ₹225. The principal is:
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. ₹10,000
Topics: Part-A: Business Mathematics
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