The Simple Interest and the Compound Interest on a certain sum of money after 2 years is 256 and 276.48 respectively. Find the rate of interest and sum
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Answer:
hey
Step-by-step explanation:
idk the whole answer yet...
but the formula i can give..
SI= P*R*T BY 100
IN WORDS;
SIMPLE INTEREST [SI]= PRINCIPAL INTO RATE INTO TIME DIVIDED BY 100
half of the answer is this..now u can easily finf the answer from the formula
hope it helped..
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