A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum ? | Examsbook

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A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum ?

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Ashu administrators Reply Quote

Answer : 3 Rs.7500 Explanation : Answer: C) Rs.7500 Explanation: p=d×1002R2 Where d is difference, r is rate of interest. =

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