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Ask QuestionPosted by Minakshi Mishra 6 years, 8 months ago
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Navya Sree 6 years, 8 months ago
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Gaurav Seth 6 years, 8 months ago
| Meaning | Simple Interest refers to an interest that is calculated as a percentage of the principal amount. | Compound Interest refers to an interest which is calculated as a percentage of principal and accrued interest. |
| Return | Less | Comparatively high |
| Principal | Constant | Goes on changing during the entire borrowing period. |
| Growth | Remains uniform | Increases rapidly |
| Interest charged on | Principal | Principal + Accumulated Interest |
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Data handling is the process of ensuring that research data is stored, archived or disposed off in a safe and secure manner during and after the conclusion of a research project.
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Posted by Tanmay Tanmay 6 years, 8 months ago
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Yogita Ingle 6 years, 8 months ago
SP = Rs 5225
Let MP be x
discount = 5% of x
=(5/100)x = 0.05x
SP = MP - discount
⇒ 5225 = x - 0.05x
⇒ 0.95x = 5225
⇒ x = 5225/0.95 = 5500
∴ MP = Rs 5500
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Minakshi Mishra 6 years, 8 months ago
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