The difference between the compound interest and the simple interest a – InterviewSolution

1.	The difference between the compound interest and the simple interest accrued on an amount of Rs. 18,000 in 2 years was Rs.405. What was the rate of interest compounded annually?
Answer» The difference between the compound interest and the simple interest accrued on an amount of Rs. 18,000 in 2 years was Rs.405. What was the rate of interest compounded annually?

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