The difference between compound interest compounded annually and simple interest on a certain sum at a rate of 15 % per …
Q1
The difference between compound interest compounded annually and simple interest on a certain sum at a rate of 15 % per annum for 2 years is ₹ 1,944. Find the compound interest compounded annually (in ₹) on the same sum for the same period at a rate of 10 % per annum.
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