Question

7. Find the difference between the compound interest and simple interest on 120000 for 3/2years
at the rate of 4% per annum.
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Answer 1

Step-by-step explanation:

principal =120000

time=3/2year=18months

rate =4%

then,,

i= p×r×t/100

= 120000×18×4/100

=86400

now,

s.i= p+a

rs(120000+96400)

=216400

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.

.

this is ur answer

hope u like

thsnxx

Answer 2

Answer:

Step-by-step explanation:

principal =120000

time=3/2year=18months

rate =4%

then,,

i= p×r×t/100

= 120000×18×4/100

=86400

now,

s.i= p+a

rs(120000+96400)

=216400

.

.

.

this is ur answer

hope u like

thsnxx