Question

    The difference between earned interest from both, for

    investing under compound interest and general interest for 2 years, is 4 rupees. If interest rates are 4% per annum then tell the amount invested (in rupees)
    A 27750 Correct Answer Incorrect Answer
    B 28750 Correct Answer Incorrect Answer
    C 26750 Correct Answer Incorrect Answer
    D 30750 Correct Answer Incorrect Answer

    Solution

    As we know, The difference between Cl and SI for 2 years = Pr²/1002 46 = (P x 4 x 4)/(100 x 100) P = 46 x 25 x 25 P = 28750 The total sum is 28750.

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