The difference between compound interest and
simple interest on an amount of Rs. 15,000 for
2 years is Rs. 96. What is the rate of interest
per annum?
(a) 8 (b) 11
(c) 12 (d) None of these
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formula of simple interest = P×R×T/100 compound interest = p[1+R/2] then niw you can follow this formula and do your sum ok
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