the simple interest on a certain sum for 3 years is 225 and the compound interest on the same sum at the same rate for 2 years is 150 rate find the rate of interest and the principal
Dear Student,
As per Q. 31, I have considered the value of Compound Interest for two years as Rs 153 and have solved the question below.
Regards
As per Q. 31, I have considered the value of Compound Interest for two years as Rs 153 and have solved the question below.
Regards