IW JJU Dlld in 2 years is
ul Tale of interest compounded yearly and the sum.
a) Ram lend altogether Rs 10,000 to Hari and Laxmi for 2 years. Hari agrees to pay
simple interest at 12 % p.a. and Laxmi agrees to pay compound interest at the rate
of 9 % p.a. If Laxmi paid Rs 596.70 more than Hari as the interest, find how much
did he lend to each.
b) The compound
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