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Important question from compound interest.
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A woman borrowed a certain sum of money at 3% p.a simple interest and invested it 5% p.a yearly compound interest. After three years she made a profit of Rs. 1082.
(a) What sum did she borrow?
(b) What percent of profit did she get?
(a) What sum did she borrow?
(b) What percent of profit did she get?