Correct option is E
If at the same rate of interest, in 2 years, the simple interest is ₹40 and compound interest, compounded annually, is ₹41, then what is the principal (in ₹)?
The difference between the simple interest and the compound interest, compounded annually, on a certain sum of money for 2 years at 16% per annum is ₹797. Find the sum (rounded off to the nearest integer).
If at the same rate of interest, in 2 years, the simple interest is Rs. 40 and the compound interest is Rs. 44, then what is the principal (in Rs.)?