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On a certain sum of money - the difference between the compound interest for a year - payable half yearly. And the simple interest for a year is Rs. 56. If the rate of interest in both cases is 16% - then the sum is:

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On a certain sum of money - the difference between the compound interest for a year - payable half yearly. And the simple interest for a year is Rs. 56. If the rate of interest in both cases is 16% - then the sum is:






 
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