6. On a certain sum of money, the difference
between the compound interest for a year,
payable half-yearly, and the simple interest for
a year is 180/-. Find the sum lent out, if
the rate of interest in both the cases is 10%
per annum.
Answers
Answered by
1
Answer:
i dont know
Step-by-step explanation:
Answered by
5
Answer:
For ,
N=1year
R=10 %
We have S.I.=100PNR=100P×1×10=Rs0.1P
When interest being compounded for half yearly, for 1 year
We have, N=2
And R=210=5 %
AndAmount=P(1+100R)N=P×(1+1005)2=P×1.052=1.1025P
And C.I.=A−P=1.1025P−P=0.1025P
Given, C.I.−S.I.=Rs180
⇒0.1025P−0.1P=Rs180
⇒0.0025P−Rs180
⇒P=Rs72,000
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