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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

Answer:

A. ₹19,720

Read Explanation:

₹19,720


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