Question

[28000 (1+R/100) ^2- 28000] -1 -2R/100) please solve this problem..as I m not able to solve it step by step. Please solve step by step friends..for me..​

Answer 1

Step-by-step explanation:

Simple Interest SI=

100

PNR

So, SI=

100

28000×2×25

=Rs14000

When interest is compounded, Amount A=P(1+

100

R

)

n

So, A =28000×(1+

100

25

)

2

=Rs43750

And CI=A−P=43750−28000=Rs15750

Si, difference CI−SI=Rs15750−Rs14000=Rs1750

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