Economy, asked by harshil4488, 11 months ago

The difference of compound interest on a sum of money for 2 years and 3 years is rupees 120 at the same rate at interest 10% per annum find the sum of money

Answers

Answered by Anonymous
3

Explanation:

interest and the same sum on compound interest at a certain rate of interest per annum. He noticed that the ratio between the difference of compound interest and simple interest of 3 years and that of 2 years is 25 : 8

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