Q.39 The simple interest on a sum deposited at 8% p.a. for 8 years is Rs. 16,000. What will be the compound
interest on the same sum at one fourth of the above rate of interest for 2 years?
Ans X 1. Rs. 1,020
X 2. Rs. 980
3. Rs. 1,010
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The amount he will pay after 3+ 1/2 years is Rs. 948.97. Step-by- step explanation: Principal=Rs. 800. Rate of ...
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