- A20000
- B14000
- C2000
- D10000
Step-by-Step Solution
For 2 years, CI − SI = , so = ₹20000.
Answer: A) 20000
On a certain sum, the compound interest for 2 years at 7% per annum (compounded annually) is ₹98 more than the simple interest. What is the sum (in ₹)?
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