Business Studies, asked by amandevrishi6979, 1 year ago

A deposit 6000 in a bank at 5% per annum at si.B deposited 5000 at 8% per annum ci. After 2 year the difference between their interest will be

Answers

Answered by Durgeshsinghrajpu
0
Let the sum be Rs x.

We know that:

CI = A – P

= P(1+R100)n – P

= P[(1+R100)n−1]

164 = x[(1+5100)2−1]

164 = x[(1.05)2−1]

x = 1640.1025

x = 1600

Answered by santoshraut89
1
S. I=p×r×t÷100
A\c 1st condition =6000×5×2\100
=600
A\c2nd condition =5000×8×2\100
=800
Difference =800-600
=200
It is the difference between two interest
Hope it will be helpful to u
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