SOLUTION: James invested ₹ 600 on simple interest and ₹ 1200 on compound interest
for two years at the same rate of interest of 20% per annum. What is the total
interest earned?
Algebra.Com
Question 1143345: James invested ₹ 600 on simple interest and ₹ 1200 on compound interest
for two years at the same rate of interest of 20% per annum. What is the total
interest earned?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
You can use the formulas:
( compound interest )
( simple interest )
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The total interest is 648
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