Mathematics
The simple interest on a sum of money at 12% per annum for 1 year is ₹ 900. Find :
(i) the sum of money and
(ii) the compound interest on this sum for 1 year, payable half-yearly at the same rate.
The simple interest on a sum of money at 12% per annum for 1 year is ₹ 900. Find :
(i) the sum of money and
(ii) the compound interest on this sum for 1 year, payable half-yearly at the same rate.