A person lent out a certain sum on simple interest and the same sum on compound interest
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A person lent out a certain sum on simple interest and the same sum on compound interest at a certain rate of interest per annum. he noticed that the ratio between the difference of compound interest and simple interest of 3 years and that of 2 years is 25 : 8. the rate of interest per annum is: Ask for details
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A person lent out a certain sum on simple interest and the same sum on compound interest at a certain rate of interest per annum. he noticed that the ratio between the difference of compound interest and simple interest of 3 years and that of 2 years is 25 : 8. the rate of interest per annum is: Ask for details.
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