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Question 1Suppose 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 < SThen,(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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