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The compound interest in one year on a certain sum of money at 10% per annum compounded half-yearly exceeds the simple interest on the same sum at the same rate and for the same period by Rs 30. Calculate the sum. |
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Answer» The compound interest in one year on a certain sum of money at 10% per annum compounded half-yearly exceeds the simple interest on the same sum at the same rate and for the same period by Rs 30. Calculate the sum. |
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