The difference between compound interest and simple interest on a certain sum…

PYQ UPPSC LT Grade (Assistant Teacher) 2025

The difference between compound interest and simple interest on a certain sum at the rate of 8% per annum for two years is ₹ 240. What is the sum ?

  1. A.

    ₹ 37,000

  2. B.

    ₹ 37,500

  3. C.

    ₹ 38,000

  4. D.

    ₹ 36,500

Attempted by 17 students.

Sign up free to check your answer

Sign up free

Explore the full course: Up Lt Grade Assistant Teacher 2025

Loading lesson…