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The simple interest on a sum of money in 2 years is Rs 90 less than its compound interest. If the rate of interest in a year is 15%, find the sum.



User Bejado
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1 Answer

24 votes
24 votes

Answer:

hence, the req sum of amount is Rs 213.07

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The simple interest on a sum of money in 2 years is Rs 90 less than its compound interest-example-1
The simple interest on a sum of money in 2 years is Rs 90 less than its compound interest-example-2
User JRB
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