A person finds that the compound interest received on a certain sum in three years at 5% per annum is ₹61 more than the simple interest. Find that sum.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

  1. (A) ₹7,890
  2. (B) ₹8,200
  3. (C) ₹8,000
  4. (D) ₹9,400

Verified Answer

Option (C): ₹8,000


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