9. If the compound interest on the certain sum for two years at 10% per annum is 2100, obtain the
simple interest on it at the same rate for two years.
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Step-by-step explanation:
the simple interest for certain sum for two year at an annual rate of interest r is SI then
C. I = S. I (1+ R/200)
here
CI is 2100
R is 10%
so
2100 = SI(1+ 10/200)
= SI(11/20)
SI = 42000/11
= 3818.18
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