23. On what sum of money will the difference between simple interest and compound interest for 2
Years at 5% p.a. be equal to Rs. 50.
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Answers
Answered by
10
Answer:
let the principle be x
s.i=p×r×t/100=x×5×2/100
x/100
amount=p×[1+r/100]^n
=x[1+5/100]^2
=x[100+5/100]^2
x[105/100]^2
x[21/20]^2
x×21/20×21/20
=x×441/400
441x/400
ci=a-p
441x/400-x
=41x/400
difference between simple interest and compound interest
ci-si=50
41x/400-x/10=50
41x-40x/400=50
x/400=50
x=50×400
x=20,000
Answered by
0
Answer:
nice way to explain it........ ...
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