1.

A certain sum of money, invested for 5 years at 8% p.a. simple interest, earns an interest of Rs. 12,000. Find : (i) the sum of money. (ii) the compound interest earned by this money in two years at 10% p.a. compound interest.

Answer»


ANSWER :(i) RS. 30,000(II) Rs. 6,300


Discussion

No Comment Found

Related InterviewSolutions