The difference between the compound interest, compounded annually, and the simple interest earned on a certain sum of money in two years at 10% interest per annum, is ₹197.2. Find the sum invested.
A₹19,720
B₹17,720
C₹16,720
D₹18,720
A₹19,720
B₹17,720
C₹16,720
D₹18,720
Related Questions:
Find the compound interest on ₹20,000 at 20% p.a for years compounded half-yearly.