there is difference of 49 paise between the simple interest and compound interest on some principal for 2 years at 3.5%p.a. what is that principal?
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0.49*100/2*3.5= 85.75
85.75-0.49= 85.26
85.75-0.49= 85.26
ranjanram:
sorry
P=0.49*2*3.5/100= 0.0343
i hope this ans help you
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