Question

10. The difference of interest for 2 years and 3 years on a sum
of Rs 2100at 8% per annum is

Answer 1

Answer:

Rs 168

Step-by-step explanation:

Formula = PRT/100

for 2 years..... 2100*8*2/100=Rs. 336

For 3 years..... 2100*8*3/100=Rs. 504

Therefore, difference on interest=504-336

=168