If the difference between the simple and the compound interest earned on a sum of money at the rate of $5$ $p.c.p.a.$ for $2$ $years$ is $Rs. 16$ find the principal (In $Rs.$) ?
If the difference between the simple and the compound interest earned on a sum of money at the rate of $5$ $p.c.p.a.$ for $2$ $years$ is $Rs. 16$ find the principal (In $Rs.$) ?
- A
$6200$
- B
$6400$
- C
$6250$
- D
$6750$
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