Math, asked by sridharasahu073553, 10 months ago

2. The difference of compound and simple interest at is Rs.
10 at the rate of 4% in 2 years. Then the principle is:

Answers

Answered by neeraj1251

2

Answer:

Principal=6250₹

Step-by-step explanation:

Short Method

Formula

If 2 years given

Difference= Principal×Rate^2/10000

10= Principal×4^2/10000

10= Principal×16/10000

Principal=1250×5

=6250₹

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