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On what sum of money will the compound interest for 2 years at 8% per annum be Rs7488???Ans:- Rs45000answer with process...... best answer will mark as brainlist....

Answer»

Hey!!!....here is UR answer

LET the sum of money is 100

So the Compound interest for 2 YEARS will be..

8+8+8×8/100=16+0.64=16.64

It MEANS 16.64--------7488

then 100-----7488×100/16.64=45000

So the sum of money is 45000

Hope it will HELP you



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