Simple interest on a certain sum of money
for 4 years at 4% per annum exceeds the
compound interest on the same sum for 3
years at 5% per annum by Rs. 228. Find
the sum.
(1) Rs. 96,000 (2) Rs. 86,000
(3) Rs. 81,000 (4) Rs. 91,000
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96000 is your answer......
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Simple interest on a certain sum of money for 4 years at 4% per annum exceeds the compound interest on the same sum for 3 years at 5 per cent per annum by Rs. 228.............
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