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vinay

· started a discussion

· 1 Months ago

kya hai be kuch bhi formula laga de rha hai bhai wrong formuka
provide detailed solution using
CI = P[1+ r/100]2 – P
and SI= P*R*t/100

Question:
If the difference of compound interest and simple interest for 3 years at the rate of 5% per annum is Rs.11.40, then the principal amount is:
Options:
A) Rs.1500
B) Rs.1475
C) Rs.1395
D) Rs.1495
Solution:

Ans: (d)

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