בבב
rate of interest per annum.
.
3. The simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on
* 4.000 for 2% years at 10% per annum. What is the sum placed on simple interest?
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Answer:
Hey, you can solve it like:
rate of interest = simple interest×100/principal×time.
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