The difference in simple interest and compound interest on a certain sum of money at 6
% per annum for 3 years in Rs. 46. Determine the sum.
Given,
S.I – C.I = Rs. 46
Rate = 6
%= 
Time = 3 years
Let principal = Rs. P
So,
= 
= 
= 
= P = 
Hence,
Principal = Rs. 3375
20