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On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is Rs. 180/-. Find the sum lent out, if the rate of interest in both the cases is 10% per annum. |
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Answer» On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is Rs. 180/-. Find the sum lent out, if the rate of interest in both the cases is 10% per annum. |
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