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प्रश्न
Simple interest on a given amount is always less than or equal to the compound interest on the same amount for the same time period and at the same rate of interest per annum.
विकल्प
True
False
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उत्तर
This statement is False.
Explanation:
For 1 yr, the simple interest and compound interest for same amount on same rate of interest are equal.
But for 2 yr, the simple interest is less than the compound interest for same amount on same rate of interest.
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संबंधित प्रश्न
Find the interest and the amount on:
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The interest on a certain sum of money is 0.24 times itself in 3 years. Find the rate of interest.
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Which among the following is the simple interest for the principle of ₹ 1,000 for one year at the rate of 10% interest per annum?
Given the principal = Rs 40,000, rate of interest = 8% p.a. compounded annually. Find principal for 2nd year.
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Amount received on ₹ 3000 for 2 years at the rate of 11% per annum is ______.
Interest on ₹ 3000 at 10% per annum for a period of 3 years is ______.
The ______ of interest on a sum of ₹ 2000 at the rate of 6% per annum for `1 1/2` years and 2 years is ₹ 420.
₹ 9000 becomes ₹ 18000 at simple interest in 8 years. Find the rate per cent per annum.
