Question

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 Rs 220. Find the
sum lent out, if the rate of interest in both the cases is 10% p.a.​

Answer 1

Answer:

payable half-yearly, and the simple interest for a year is Rs 220. Find the

sum lent out, if the rate of interest in both the cases is 10% p.a.