The difference between simple and compound interest (compounded annually) on a sum of money for 2 years at 10% per annum Is Rs.65. The sum Is
1). Rs.65650
2). Rs.65065
3). Rs.6565
4). Rs.6500
This is the right answer
Here, C.I. – S.I. = 65,
R = 10%, T = 2 years, P = ?
65 = P{$\frac{10}{100}^{2}$}
P = 6500