diffrence between compund intrest and intrest on certain sum of money at 10% per anum for two years is ₹500 find the sum compunded annually
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1
Answer:
700 amount is the answer
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0
Answer:
Rs 183
Step-by-step explanation:
The difference between the compound interest and simple interest on a certain sum of money at 10% per annum for 2 years is Rs 500. ... The difference between compound and simple interests on a certain sum of money at the interest rate of 10% per annum for 112 years is Rs 183, when the interest is compounded semi-annually.
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