On a certain sum of money the difference between the compound interest for a year payable half yearly and the simple interest for a year is 180rs . Find the sum lent out ifthe rate of interest in both the cases is10% per annum. SOLVE IT WITHOUT USING FORMULA.
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Answer:
72000
Step-by-step explanation:
Compounded half yearly means rate = 10/2= 5 for each half yearly.
Sum= 180* 100* 100/ 25 = 72000
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