Practicing Success
Practicing Success
CUET Preparation Today
The principal increases by 16% in 2 years at simple rate of interest At the same rate of interest find the compound interest on Rs 25,000 after 2 years. |
4000 2160 2000 4160 |
4160 |
Rate of interest per annum = \(\frac{16}{2}\) = 8%
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