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The Difference Between Simple And Compound Interest Compounded Annually On A Certain Sum Of Money For 2 Years At 4% Per Annum Is Re.1. The Sum Is? |
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Answer» sum=Rs.X C.I=[x(1+4/100)^2-x]=(676/625x-x)=51/625 S.I=(x*4*2)/100=2x/25 x=625. sum=Rs.x C.I=[x(1+4/100)^2-x]=(676/625x-x)=51/625 S.I=(x*4*2)/100=2x/25 x=625. |
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