Ten > Compound Interest
A money-lender borrows a certain sum of money at 3$\rm \%$ per annum simple interest and invests the same sum at 5$\rm \%$ per annum compound interest (Compounded annually). After 3 years he makes a profit of Rs 1082.
- Find the amount he borrowed.
- Find the annual compound interest.
- Find the simple interest.
- Find the gain percent of the money lender.
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