A person got Rs.35 more when he invested a certain sum at compound interest instead of simple ...
A person got Rs.35 more when he invested a certain sum at compound interest instead of simple interest for two years at 12% p.a. Find the sum?
Answer/Solution
14583
Steps/Work
P = (d * 1002) / R2
=> (35 * 100 * 100) / 12 * 12 = Rs.14583
Answer:B
=> (35 * 100 * 100) / 12 * 12 = Rs.14583
Answer:B