Mathematics
Pramod and Anand each lent the same sum of money for 2 years at 5% at simple interest and compound interest respectively. Anand received ₹ 15 more than Pramod. Find the amount of money lent by each and the interest received.
Related Questions
The difference between C.I. and S.I. in 2 years as given above for parts (c) and (d) is :
₹ 640
₹ 3840
₹ 1920
₹ 1280
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Simple interest on a sum of money for 2 years at 4% is ₹ 450. Find the compound interest on the same sum and at the same rate for 2 years.
Compound interest on a certain sum of money at 5% per annum for two years is ₹ 246. Calculate simple interest on the same sum for 3 years at 6% per annum.