A invested Rs 4500 for 3 years at the rate of 8% annual compound interest and B invested the same amount for same time at the rate of per month per rupee 1 paisa simple interest. Calculate (i) The interest received by A. (ii) The interest received by B.

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lalitachaudhary16201 lalitachaudhary16201

03-11-2022
Mathematics

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A invested Rs 4500 for 3 years at the rate of 8% annual compound interest and B invested the same amount for same time at the rate of per month per rupee 1 paisa simple interest. Calculate (i) The interest received by A. (ii) The interest received by B.

Sagot :

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A invested Rs 4500 for 3 years at the rate of 8% annual compound interest and B invested the same amount for same time at the rate of per month per rupee 1 paisa simple interest. Calculate (i) The interest received by A. (ii) The interest received by B.​

Sagot :

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A invested Rs 4500 for 3 years at the rate of 8% annual compound interest and B invested the same amount for same time at the rate of per month per rupee 1 paisa simple interest. Calculate (i) The interest received by A. (ii) The interest received by B.