Ten > Compound Interest
Asked by Basanta ยท 2 years ago

Compound interest on a sum of money for 2 years compounded annually is Rs 8034. Simple interest on the same sum for the same period and at the same rate is Rs 7800.

  1.  Find the sum.
  2.  Find the rate of interest.
  3.  In how many years annual compound interest on the same sum at the same rate be Rs 15600?

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