SSC IB ACIO Grade II Mock Test 2023 Quantitative Aptitude Interest Simple and Compound Both

If the difference between the simple interest and the compound interest, compounding annually on a certain sum borrowed for 2 years at 8% per annum is ₹512, then find the sum borrowed (in ₹).

1
₹62,100
2
₹2,100
3
₹1,200
4
₹80,000
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