1.

The compound interest on a certain sum for 2 years is `756 and simple interest is `720. If the sum is investedsuch that the simple interest is `900 and the number of years is equal to the rate percent per annum, findthe rate percent.

Answer» The compound interest on a certain sum for 2 years is `756 and simple interest is `720. If the sum is invested
such that the simple interest is `900 and the number of years is equal to the rate percent per annum, find
the rate percent.


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