Ten > Compound Interest
Asked by Basanta ยท 2 years ago

The annual compound interest on a certain sum of money for 2 years at 4$\rm \%$ is Rs 2448.

  1. Find the sum.
  2. Find the compound amount.
  3. In how many years will the simple interest on the same sum of money at 5$\rm \%$ become Rs 2500?
  4.  Find the simple amount of the sum at 5$\rm \%$ at time obtained in (3).

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