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The difference between the total simple interest and the total compound interest compounded annually at the same rate of interest on a sum of money at the end of two years is Rs. 350. What is definitely the rate of interest per cent per annum?
9,300
7600
12000
Data inadequate
Difference = Pr2/(100)2 = (350×100×100)/(P×r2) P is not given
By: Amit Kumar ProfileResourcesReport error
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