Math, asked by shrivastavdablu77, 1 month ago

4. On what sum of money does the difference between the simple interest and compound interest in 2 years at 5% per annum is ₹ 15 ?​

Answers

Answered by monalishalatta13
1

Step-by-step explanation:

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

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