The compound interest on a certain sum for 2
years is Rs. 786 and S.I. is Rs. 750. If the sum
is invested such that the S.I. is Rs. 1296 and
the number of years is equal to the rate percent per annum, Find the rate of interest?
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CI for 2 years = Rs. 786
SI for 2 years = Rs. 750
36/360 * 100 = 10%
P for first year = 3600
P*x*x/100 = 1296
x = 6%
SI for 2 years = Rs. 750
36/360 * 100 = 10%
P for first year = 3600
P*x*x/100 = 1296
x = 6%
guptasatyam95pdoaam:
what is 360 here?
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