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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.
पर्याय
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 amount to be paid at the end of 3 years in given case:
Principal = ₹ 1,200 at 12% p.a.
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(i) the rate of interest
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In how much time will the simple interest on ₹ 3,000 at the rate of 8% per annum be the same as simple interest on ₹ 4,000 at 12% per annum for 4 years?
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Interest = `(P xx R xx T)/100`, where T is ______ R% is ______ and P is ______.
The difference of interest for 2 years and 3 years on a sum of ₹ 2100 at 8% per annum is ______.
Interest on ₹ 1200 for `1 1/2` years at the rate of 15% per annum is ₹ 180.
₹ 6400 were lent to Feroz and Rashmi at 15% per annum for `3 1/2` and 5 years respectively. The difference in the interest paid by them is ₹ 150.
What sum of money lent out at 16 per cent per annum simple interest would produce ₹ 9600 as interest in 2 years?
