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When Rs. 'P' each is invested at 'R'% p.a. for 2 years on compound interest and simple interest, then difference between interest = P x (R/100) 2 Therefore, required difference = 8,000 x (16/100) 2 = 8,000 x (256/10,000) = Rs. 204.8
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SARVAM application is associated with:
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