The difference between the compound interest (compounded annually) and the simple interest on a certain principal for 3 years at 18% per annum is ₹25,758. Find the principal.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

  1. (A) ₹3,00,000
  2. (B) ₹3,50,000
  3. (C) ₹2,50,000
  4. (D) ₹4,00,000

Verified Answer

Option (C): ₹2,50,000


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