the difference between the compound interest and the simple interest on a sum at 10 % per annum for 3 years is rupees 155. the sum in rupees is ?
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Answer:
Answer-500 Rs
explain with short trick-
SI= 10×3=30%
CI=33.1%. [by trick( a+a²/100)]
different of ci and si
=33.1-30
=3.1%
so,
3.1%=155
100%=(155/31)×100
=500Rs
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