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The correct answer is C
A certain sum of money earns Rs. 360 as Simple Interest and Rs. 381.6 as Compound Interest over a period of 2 years. What is the rate of interest?
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A took loan from a bank at the rate of 17%p.a. simple interest. After 5 years he had to pay Rs.6800 interest only for the period. The principal amount b...
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An equal sum of money is invested in two schemes which offer interest at the same rate but one at simple interest and the other at compound interest (co...
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A borrows Rs 7000 from B at 10% p.a compound interest compounded annually. At the end of every year he pays Rs 2200 and at the end of 3rd years he pays ...
If the difference between the simple interest and compound interest, compounded annually, on Rs. 40,000 at (r + 4)% rate of interest for 2 years is Rs. ...