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Simple & Compound Interest
The c.i on a sum at a certain rate of interest for the second and third year were 17280 and 20736 rs respectively. Find the sum..
Read Solution (Total 10)
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- THE DIFFERENCE BETWEEN THE TWO C.I WILL GIVE THE INC IN INTEREST BTWEEN THE 2 YRS
THAT IS,20736-17280=3456.
RATE=(17280/3456)*100=20%
LET THE SUM BE X,
17280=X(1+20/100)^2
X=12000 - 11 years agoHelpfull: Yes(14) No(3)
- 12,000 will be the sum at CI of 20% p.a.
- 11 years agoHelpfull: Yes(2) No(2)
- from where did u get these questions???TargerTcs 2014
- 11 years agoHelpfull: Yes(2) No(0)
- dude those values are not C.I ....and
Rate=[(A2/A1)^1/(t2-t1)-1]*100
so rate will be 20% and sum 12000 - 11 years agoHelpfull: Yes(1) No(1)
- Principal Amount = 12000
- 11 years agoHelpfull: Yes(1) No(2)
- THE DIFFERENCE BETWEEN THE TWO amount WILL GIVE THE c.i BTWEEN THE 2 YRS
THAT IS,20736-17280=3456.
RATE=(17280/3456)*100=20%
LET THE SUM BE X,
17280=X(1+20/100)^2
X=12000 - 11 years agoHelpfull: Yes(1) No(1)
- The Sum Will Be 72000 Not 12000, Sine 17280 & 20736 are CI(Compound Interest) Not The (Sum+CI)..
- 11 years agoHelpfull: Yes(1) No(0)
- the answer will be 12000 rs. at 20% pcpa
- 11 years agoHelpfull: Yes(0) No(3)
- can any one explain it clearly
- 11 years agoHelpfull: Yes(0) No(1)
- 70000,ratio of ci
- 11 years agoHelpfull: Yes(0) No(2)
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