10. The difference between simple interest and
compound interest (compounded annually) on
a sum of money for 2 years at 10% per annum
is 65. The sum is
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Step-by-step explanation:
Here, C.I. – S.I. = 65,
R = 10%, T = 2 years, P = ?
65 = P{10²/100}
P = 6500
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