1.

Shalini deposited ₹4,00,000 in a bank where she was promised an interest of 10%. She deposited it for a period of two years. Find the difference in the amount if the interest is calculated in a compounded manner to the amount interested in a simple manner.

Answer»

Shalini deposited 4,00,000 in a bank where she was promised an interest of 10%. She deposited it for a period of two years. Find the difference in the amount if the interest is calculated in a compounded manner to the amount interested in a simple manner.




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