if the compound interest on a certain sum for 2 years is 21. What could be the simple interest ??
a) 20 B)16 C) 18 D)20.5
OA after some discussion
Simple Interest & compound interest
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IMO A.lav wrote:if the compound interest on a certain sum for 2 years is 21. What could be the simple interest ??
a) 20 B)16 C) 18 D)20.5
OA after some discussion
That is the only one giving a integer for the capital.
A=100x+40x=21.100 x=15