Q38 A sum of money amounts to Rs

SEE Exam Set 2080 8 Min Rec.

Q38

MathematicsChapter 04: Currency Exchange & Money Exchange

Question No. 38

Problem Statement

A sum of money amounts to Rs. 12,000 and Rs. 13,200 in 2 years and 3 years respectively at a certain rate of interest compounded annually. Write the formula to find the compound interest.

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