Arithmetichard · Past Paper
The difference between SI and CI on a certain sum for 2 years at 4% is Rs. 1. Find the sum.
ARs. 625
BRs. 600
CRs. 500
DRs. 400
✓ Correct Answer: A — Rs. 625
1 = P(4/100)^2 => 1 = P(1/625) => P = 625.
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