Mathematics

Statement 1: If P is the sum invested for 2 years at 20% rate of interest = ₹ P 20/100x 20/100 Statement 2: Interest accrued in 2 years = ₹ (P 120/100x 120/100 - P) 1. Both the statements are true. 2. Both the statements are false. 3. Statement 1 is true, and statement 2 is false. 4. Statement 1 is false, and statement 2 is true.

Compound Interest

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