Question
What is rate of interest percent per annum?
A. The amount becomes Rs.75,712 at compound interest after 2 years. B. The same amount at simple interest becomes Rs.75,600 after 2 years. C. The amount invested is Rs.70,000 The following questions are accompanied by three statement A, B and C. you have to determine which statement (s) is /are necessary/ sufficient to answer the question.Solution
From A & C, A = P(1 + `(r)/(100)` [if gte msEquation 12]>
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