Question

10. On what sum of money will the difference between the compound interest and the simple
interest for 2 years at 5% per annum be equal to Rs. 50?​

Answer 1

Answer:

Answer:

20,000 rs.

Step-by-step explanation:

let p is the sum of money.

as we know the formula

difference in simple interest and compound interest  for 2 years=

so sum of money is 20,000 rs.

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