Question

The difference between SI and Cl for 2 years on the same sum and at the same rate of
interest, compounded annually is Rs. 1080. The difference between Sl and Cl for 3 years
on the same sum and at the same rate of interest is Rs. 3294. Find the rate of interest.

Answer 1

In 2 years you be on the same sum and at the same rate of Rs1080 the difference between SI and CI