Raman borrowed a certain sum for 2 years at simple interest for Mohan Raman land this sum to Ratan at the same rate for 2 years compounded annually at the end of 2 years Raman receive rupees 205 compound interest paid rupees 200 simple interest find the sum and rate of interest
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Answer:
405
Step-by-step explanation:
we know that the same rate and same year is given by using the formula of compound interest =A=P+1 r/100
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