Amit had invested same amount of sums at simple as well as compound interest,
Amit had invested same amount of sums at simple as well as compound interest,
compounded annually. The time period of both the sums was 2 years and rate of
interest too was same 10% per annum. At the end, he found a difference of ₹97 in both
the interests received. What were the sums (in ₹) invested?
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Correct answer: (C) 9,700