Ten > Compound Interest
According to the yearly compound interest, a sum of money amounts to Rs 6050 and Rs 6655 in 3 years.
- What was the rate of interest?
- What was the sum?
- Find the difference between the annual compound amounts in 2 years and 3 years.
- Find the simple interest calculated after second year for next one year and write relation between the simple interest and answer obtained in (3).
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