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Compound interest on a sum of money for 2 years at 4 per cent per annum is Rs. 2448. Simple interest on the same sum of money at the same rate of interest for 2 years will be:

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Compound interest on a sum of money for 2 years at 4 per cent per annum is Rs. 2448. Simple interest on the same sum of money at the same rate of interest for 2 years will be:






 
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