Question
Raju invests Rs. (p + 200) at a simple interest rate of 25% per annum for a period of 6 years and earns a total interest of Rs. (2p − 300). What will be the total amount accrued if the same principal amount is invested at a compound interest rate of 50% per annum, compounded annually for 2 years?
More Approximation Questions
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- Question 4
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