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Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is: ?->(Show Answer!)
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1. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:





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  • By: guest on 01 Jun 2017 05.46 pm
    C.I. = Rs. 4000 x 1 + 10 2 - 4000 100 = Rs. 4000 x 11 x 11 - 4000 10 10 = Rs. 840. Sum = Rs. 420 x 100 = Rs. 1750. 3 x 8
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