a man had rupees 75000 he invested rupees 35000 in a company which pays him 9% interest per annum and he invested rest of the money in another company which pays him 9.5% interest per annum find the total compound interest received by him after 2 years
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1) 35000x(109/Ioo)^2-35000=
= Rs6583.50
2) 40000x(109.5/100)^2-40000
= Rs 7961
Add (i) and (2)
6583.50+7961=Rs.14544.50. Ans
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