Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 16000 for 2 years at 10% per annum. The
sum placed on simple interest is:
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Answer:
Rs.10500
Step-by-step explanation:
Done by using general formule
1. CI= A- I
2. SI = CI/2
3. SI= PRT/100
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