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Simple and Compound Interest

Member Admin
Joined: 2 months ago
Posts: 29
Topic starter  

RS 22830 is divided into two parts and given to A and B and they are told to spend at the rate of 5% per annum. A spends for 9 years and B spends for 11 years and then both are left with an equal amount. Find the original sum given to each of them?

A. 10,830 , 12000

B. 11,700 , 16,000

C. 9870 , 10,000

D. None of these

mohit sir
Active Member
Joined: 2 months ago
Posts: 5

The difference between the compound interest and simple interest on RS X  at 9% per annum for 2 years is RS 20.25. what is the value of X ?

A. 2800

B. 2400

C. 2200

D. 2500