Reena borrowed from kamal a certain sum for two years at simple interest. Reena lent this sum to hamid at the same rate fir 2 years. At the end of 2 years she recieved rs 110 as compound interest and paid rs 100 as simple interest. find the sum and rate of interest.
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rate is 100 is simple interest of 2 year r
50 rs is the interest of one year
so 10 rupees he got and 10 is the 20 present of 50 =upees
so rate is 20%
50 rs is the interest of one year
so 10 rupees he got and 10 is the 20 present of 50 =upees
so rate is 20%
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