If the difference between the compound and simple interest on a certain sum of money for 3 years at 5% per annum is ₹15.25, then find the sum.
If the difference between the compound and simple interest on a certain sum of money for 3 years at 5% per annum is ₹15.25, then find the sum.
Solution
✅ Correct Option: 1
For 3 years, difference with .
, so the bracket is .
Then .
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