Mathematics for FinancePYQ Jun 23Question 1245 of 422
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The difference between compound interest and simple interest on a certain sum of money invested for $3$ years at $6\%$ per annum is $110.16$. The principal is

Options

A$3,000$
B$3,700$
C$12,000$
D$10,000$
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Correct Answer

Option a$3,000$

All Options:

  • A$3,000$
  • B$3,700$
  • C$12,000$
  • D$10,000$

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