Question
The difference between earned interest from both, for
investing under compound interest and general interest for 2 years, is 4 rupees. If interest rates are 4% per annum then tell the amount invested (in rupees)Solution
As we know, The difference between Cl and SI for 2 years = Pr²/1002 46 = (P x 4 x 4)/(100 x 100) P = 46 x 25 x 25 P = 28750 The total sum is 28750.
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