1.

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.

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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