Mathematics

Assertion (A): A certain sum lent out for 5 years at 8% C.I., compounded annually amounts to ₹ x. Then sum lent is ₹ x(1 + 8/100)^5 . Reason (R): The sum lent = Amount at the end of 5 years - C.I. of 5 years on it. 1. A is true, R is false. 2. A is false, R is true. 3. Both A and R are true. 4. Both A and R are false.

Compound Interest

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