Question

11 Find the difference between the simple
interest and compound interest on
24,000 for 2 years at 6% per annum.​

Answer 1

Answer:

86.4

Step-by-step explanation:

240×6 240×6

1440 1440

1440×6/100

86.4

so diff is 86.4

Answer 2

Answer:

Step-by-step explanation: SI-CI=p(r/100)^2       (Only when Timeis 2years)

                                              SI-CI=24000*36/100

                                              SI-CI= 240*36    

                                               SI-CI=₹8640