Anuj and Rajesh each lent the same sum o...

Anuj and Rajesh each lent the same sum of money for 2 years at 8% simple interest and compound interest respectively. Rajesh received Rs 64 more than Anuj. Find the money lent by each and interest received.

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The correct Answer is:

Rs 10,000, Anuj= Rs 1,600 and Rajesh =Rs 1,664

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ICSE-COMPOUND INTEREST (USING FORMULA)-EXERCISE 3(E)

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