Started 3 weeks ago by Vishwajeet Kumar in
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Replied 3 weeks ago
SICI Amit invests some money at a fixed rate of interest, compounded annually. If the interest accrued during the second and third year are โน 825.25 and โน 875.5, respectively, then the interest accrued, in INR, during the fourth year is nearest to
Replied 3 weeks ago
SICI A company took a loan for two years at 20% per annum, compound interest with annual compounding. Had it been taken on simple interest, the difference in the amount to be paid back would have been Rs. 3.60 cr. Calculate the amount of the loan (in lakhs Rs.) taken by the company
Replied 3 weeks ago
SICI A company took a loan for two years at 20% per annum, compound interest with annual compounding. Had it been taken on simple interest, the difference in the amount to be paid back would have been Rs. 3.60 cr. Calculate the amount of the loan (in lakhs Rs.) taken by the company