The difference between the compound interest (compounded half-yearly) and the simple interest on a certain sum at 8% per annum for 1½ years is Rs. 36. What is the principal? (Rounded to the nearest integer.)
Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM
Options
- (A) Rs. 7,411
- (B) Rs. 7,201
- (C) Rs. 7,404
- (D) Rs. 7,401
Verified Answer
Option (D): Rs. 7,401
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