- A17500
- B1750
- C10500
- D35000
Step-by-Step Solution
For 2 years the CI − SI difference = , so = ₹17500.
Answer: A) 17500
On a deposit kept for 2 years at 6% per annum, Meera notices that compound interest (compounded annually) exceeds simple interest by ₹63. What is the deposit (in ₹)?
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