simple interest on certain sum of money for 4years at 4% per annum exceeds the compound interest on the same sum for 3 years at 5% per annum by 57rs. find the sum?
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Answer:
let the sum be x,
S.I.=16/100x
16x/100=x (1+5/100)3
Step-by-step explanation:
Step-by-step explanation:First take the simple interest and then make a proper equation.
Dont forget that 3 is the power
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