4. Suppose for the principal P, rate R% and time T, the simple interest
is S and compound interest is C. Consider the possibilities.
(i) C>S (ii) C = S (iii) C<S, then
(a) only (i) is correct
(b) either (i) or (ii) is correc
(c) either (ii) or (iii) is correct. (d) only (iii) is correct.
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Answer:
- when are u looking for 1 year intrest so compound = simple
- but when are u looking for more than 1 year so compound is more than simple
so analysis and get Ans...
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