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Question 1 Suppose for the principal P, rate R% and time T, the simple interest is S and compound interest is C. Consider the possibilities (i) C >S (ii) C =S (iii) C < S Then, (a) only (i) is correct (b) either (i) or (ii) correct (c) either (ii) or (iii) is correct (d) only (iii) is correct

Answer»

Question 1

Suppose for the principal P, rate R% and time T, the simple interest is S and compound interest is C. Consider the possibilities
(i) C >S
(ii) C =S
(iii) C < S
Then,
(a) only (i) is correct
(b) either (i) or (ii) correct
(c) either (ii) or (iii) is correct
(d) only (iii) is correct


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