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at what rate of interest would compound interest on a sum in
two years be 20% more than the corresponding simple interest?
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Answer Posted / ln
as we know compound interest means interest on interest
ex-
in question given interest rate is 20%
for 1st year =20%
for 2nd year=20 of 20% means 20+2=22%
then total interest be: 20+22=44%
i think soooooo
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