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FIND:1) RPS2) Solve:23) On a certain sum, the compound interest in two years amounts to Rs 2,256/- if the rates of interest3 markFor successive years are 8% and 10% respectively, find the sum |
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Answer» Let the sum of money be ₹xthen, A = X[ 1+(r/100)][1+(R/100)]=> 2256 = X [1+(8/100)][1+(10/100)]=> 2256 = X *(27/25)(11/10)=> X = (2256*25*10)/(11*27)=> X = ₹ 1898.98 If you find it helpful, please hit the like button thanks |
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