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Kamal and Anand each lent the same sum of money for 2 years at 5% at simple interest and compound interest respectively. Anand received Rs. 15 more than Kamal. Find the amount of money lent by each and the interest received. |
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Answer» Kamal and Anand each lent the same sum of money for 2 years at 5% at simple interest and compound interest respectively. Anand received Rs. 15 more than Kamal. Find the amount of money lent by each and the interest received. |
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