The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 16% per annum is Rs 320. What is the value of given sum (in Rs)?
Product of digits of a 2-digit number is 72. If we add 9 to the number, the new number obtained is a number formed by interchange of the digits. Find the number.
On a certain principal if the simple interest for two years is Rs 2800 and compound interest for the two years is Rs 2996, what is the rate of Interest?