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7. Find the difference in compound interest and simple interest

Find the difference between the \(C.I\) and \(S.I\) for \(2\) years if the principal is \(₹\) 47551, at the rate of 8\(\%\) per annum.

Answer:

The difference in \(C.I\) and \(S.I\) \(=\) \(₹\).

[Note: Submit the answer as a whole number.]

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