B’s share = Rs. 10400 × (3/8) = Rs. 3900 Money distributed between the two sisters, => Rs. [3900 – (1200 + 500)] = Rs. 2200 First sister’s share = Rs. 2200 × (11/20) = Rs. 1210 Second sister’s share = Rs. 2200 × (9/20) = Rs. 990
The difference between compound and simple interest on a sum of money for 2 years at 25% per annum is Rs. 880. The sum is:
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