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The difference between compound interest and simple interest of a sum for 2 years at 8 percent is ₹ 768. The sum is
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- ₹ 1,00,000
- ₹ 1,10,000
- ₹ 1,20,000
- ₹ 1,70,000
Correct Option: C
Here , Difference = C.I. - S.I. = ₹ 768 , Time = 2 years , Rate = 8%
Using the given formula ,
| Sum = (CI – SI) |  |  | 2 | |
| r |
| Sum = 768 × | | | 2 | = ₹ 1,20,000 | |
| 8 |
