CATArithmetic > Easy800800800700700700100010001000900900900✅ Correct Option: 1Related questions:CAT 2020 Slot 2For the same principal amount, the compound interest for two years at 5%5\%5% per annum exceeds the simple interest for three years at 3%3\%3% per annum by Rs. 112511251125. Then the principal amount in rupees isCAT 2023 Slot 2Anil borrows Rs 2 lakhs at an interest rate of 8% per annum, compounded half-yearly. He repays Rs 10320 at the end of the first year and closes the loan by paying the outstanding amount at the end of the third year. Then, the total interest, in rupees, paid over the three years is nearest to2025 Slot 1At a certain simple rate of interest, a given sum amounts to Rs 13920 in 3 years, and to Rs 18960 in 6 years and 6 months. If the same given sum had been invested for 2 years at the same rate as before but with interest compounded every 6 months, then the total interest earned, in rupees, would have been nearest to