HOTS
A certain sum of money is invested at the rate of 10% per annum compo
interest, the interest compounded annually. If the difference between
interests of third year and first year is 1,105, find the sum invested.
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Answer:
Rupees 4783.55
Step-by-step explanation:
A certain sum of money is invested at the rate of 10% per annum compound interest ,the interest compounded annually. If the difference between the interest of third year and first year is Rs. 1105 . Therefore the sum invested is Rs 4783.55
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