1.

A principal of ₹ 40,000 is invested at the rate of 10% for 2 years in compound interest. Find the compound interest and is it greater than the simple interest for the same rate and the same time?

Answer»

A principal of 40,000 is invested at the rate of 10% for 2 years in compound interest. Find the compound interest and is it greater than the simple interest for the same rate and the same time?




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