Compound interest on a certain sum of money at 5% per annum for two years is rs246 .Calculate simple interest on the same sum for 3 years at 6% per annum.
Compound interest on a certain sum of money at 5% per annum for two years is rs246 .Calculate simple interest on the same sum for 3 years at 6% per annum.
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Simple intrest on rs.2400 for 3yr at 6%p.a. is Rs.432.
Answer:
Step-by-step explanation: