A sum of money is lent at 8% per annum compound interest. If the interest for the second year exceeds that for the first year by 96 rupees find the sum of money
Answers
Answered by
1
Answer:
ans:15,000
Step-by-step explanation:
Answered by
2
Answer:
simple interest =prt/100
Step-by-step explanation:
p=principal
r=rate of interest
t=time period
96*8*1 / 100
=7.68
this is the simple interest
pls mark it as brainliest answer
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