simple interest on a certain sum computes to 600 in 3 years and the compound interest on the same sum.at the same rate and for 2 years computes to 410 Find the rate per cent. (do this question without using formula)
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A man borrows Rs. 8,000 at 4% per annum compound interest, compounded yearly, ... on the same sum, at the same rate and for 2 years computes to Rs 410.
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