Math, asked by ncpdneil, 8 months ago

if the compound interest on a certain sum for 2 years is twice the amount of simple interest of 2 year, then rate of interest per annum is?

Answers

Answered by ᎷíssGℓαмσƦσυs
10

Answer:

if the compound interest on a certain sum for 2 years is twice the amount of simple interest of 2 year, then rate of interest per annum is?

Answered by d687cyoyo
3

Answer:

The compound interest on a sum of money for2 years is Rs. 420 and the simple interest on the same sum for the same period and at the same rate of interest is Rs. 400.

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