Mathematics · Simple and Compound Interest
Amit had invested same amount of sums at simple interest as well as compound interest, compounded annually. The time period of both the sums was 2 years and rate of interest too was the same 10% per annum. At the end, he found a difference of ₹45 in both the interests received. What were the sums (in ₹) invested in each case?
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4500
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