Ten > Compound Interest
Asked by Basanta ยท 2 years ago

Ram borrowed Rs 4800 from Shyam at the rate of 10$\rm \%$ per annum. At the end of two years,

  1.  How much simple interest will Ram have to pay?
  2.  How much annual compound interest will Ram have to pay? 
  3.  Find the difference of annual compound interest and simple interest after 3 years.
  4. By what percent annual compound interest is more than simple interest?

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