The difference between the compound interest and simple interest on a certain sum at 10% pa. for 2 years is rs 1262. Find the sum if interest is compounded annually.
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Answer:
265.02
Step-by-step explanation:
126*10/100=126.2
126.2*2=252.4
si- ci =12.62
ci=252.4+12.62=265.02
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