Question

.The difference between compound and simple interest on a sum of money deposited for two years at 5% per annum is Rs 12 . Find the sum of money.

Answer 1

Answer:

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Answer 2

Answer:

Answer =4800

Step-by-step explanation:

12= P(5/100) whole power 2

12=P(5/100*5/100)

12=P/400

P=12*400=4800

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