Question

The simple interest on a certain sum for 2 years is Rs1200 and compound interest on the same sum at the same rate for 2 years is Rs1272 Find the rate and sum​

Answer 1

Answer:

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Answer 2

Answer:

Difference between SI & CI = 1272–1200= 72

SI for 2 year =1200 (given)

So SI is for 1 st year = 600

= 72/600 X 100= 12%is it rate

12% = 600

100%= ₹5000 it's sum

Step-by-step explanation:

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