Question
Suppliers and Creditors of a firm are interested
inSolution
The correct answer is B
Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 6000 in 24 months. If the same sum had been invested for 1 year at compound interest...
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What is the simple interest on a sum of Rs. 10,000 at a rate of 5% per annum for 3 years.
