Difference between the compound interest at the rate of 14.28% for 2 years annually and simple interest of 12.5% for 2 years is Rs 110 of same amount, find the principal amount ?
1
1960
2
1720
3
1840
4
1670
5
None of these
Difference between the compound interest at the rate of 14.28% for 2 years annually and simple interest of 12.5% for 2 years is Rs 110 of same amount, find the principal amount ?