Q53 of 140 Page 196

Fill in the blanks to make the statements true.

The difference of interest for 2 years and 3 years on a sum of Rs 2100 at 8% per annum is _________.

Given, P = 2100 and R = 8%


For T = 2Year


we know that I =


=


= 336


For 3year


=


= 504


Difference between both interests = 504 -336 = 168


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