The difference in c.i. and S.I. on a certain sum of money in 2 years at 76% p.a. is Rs.160. Find C.I. if double the sum of money is invested for 3 years at 20% p.a.
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Answer:
Given, f(x)=x
2
∴
(1.1−1)
f(1.1)−f(1)
=
(1.1−1)
(1.1)
2
−(1)
2
=
0.1
1.21−1
=
0.1
0.21
=2.1
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