14. If the simple interest on a sum of money for2 years at 5% per annu – InterviewSolution

1.	14. If the simple interest on a sum of money for2 years at 5% per annum is 50, what will be thecompound interest on the same sum at the samerate for the same time.Hint. First find P by usingPxTxR50 1001000- Px 2 x 5
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