what sum of money lent out at compound interest will amount to Rs 968 in 2 years 10%p.a. interest be a changed annually.
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Answer:
800
Step-by-step explanation:
C.I = 10+10+(10×10)/100 = 21% of sum
amount = 968
121% = 968 => 100% = 100 × 968/121
= Rs 800
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