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The compound interest on a certain sum invested for two years at the rate of 10% p.a. compounded annually is Rs 4200. What is the simple interest on the same sum invested for the same time period at the same rate? |
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Answer» The compound interest on a certain sum invested for two years at the rate of 10% p.a. compounded annually is Rs 4200. What is the simple interest on the same sum invested for the same time period at the same rate? |
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