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Compound interest and simple interest of...

Compound interest and simple interest of sun of money at the same rate of interest per annum are equal in

A

1 years

B

2 years

C

3 years

D

4 years

Text Solution

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Knowledge Check

  • The difference of compound and simple interest of Rs. x at the rate of interest r% per anum be

    A
    `Rs. (xr)/100`
    B
    `Rs. {x(1+r/100)-(xr)/100}`
    C
    `Rs.x`
    D
    `Rs.0`

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