Question
The difference between the compound interest and simple interest on a certain sum at $3 \%$ per annum for 3 years is Rs. 27.27. The sum is(a) Rs. 12000(b) Rs. 15000(c) Rs. 10000(d) None of these
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Step 1: Let the principal amount (the sum) be denoted as \( P \). Show more…
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