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A certain sum of money ,invested for 4 years at 8 % p.a. simple interest ,earns an interest of ₹ 10,000. Find (a) the sum of money (b) the compound interest earned by this money in two years at 12 % p.a. compound interest |
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Answer» A certain sum of money ,invested for 4 years at 8 % p.a. simple interest ,earns an interest of ₹ 10,000. Find (a) the sum of money (b) the compound interest earned by this money in two years at 12 % p.a. compound interest |
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