The difference between simple interest and compound interest for a cer – InterviewSolution

1.	The difference between simple interest and compound interest for a certain sum of money at 8%p.a for 1½ years , when interest is compounded half yearly is ₹ 228 . Find the sum.
Answer» The difference between simple interest and compound interest for a certain sum of money at 8%p.a for 1½ years , when interest is compounded half yearly is ₹ 228 . Find the sum.

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