Question

4. On what sum of money does the difference between the simple interest and compound interest in 2 years at 5% per annum ​

Answer 1

Answer:

8th

Maths

Comparing Quantities

Compound Interest

On what sum of money does t...

MATHS

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Asked on December 27, 2019 by

Sudha Rathee

On what sum of money does the difference between the simple interest and compound interest in 2 year at 5% per annum is Rs15?

MEDIUM

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ANSWER

S.I=

100

PRT

=

100

P(5)(2)

=0.1P

C.I=P[(1+

100

R

n

)−1]=P(1.05

2

−1)=0.1025P

C.I−S.I=0.0025P=15

⇒P=6000Rs

Step-by-step explanation:

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Answer 2

Answer:

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