What is the rate of interest percent per annum? సంవత్సరానికి వడ్డీ శాతం ఎంత? ? I The difference between the compound and simple interest on an amount of R 1.15.500 is Rs. 415.8 at the end of 2 years
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The per annum interest rate refers to the interest rate over a period of one year with the assumption that the interest is compounded every year.
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