Question

A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum ?
A) Rs.8000
B) Rs.6500
C) Rs.7500
D) Rs.5000

Answer 1

A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum ?
A) Rs.8000
B) Rs.6500
C) Rs.7500
D) Rs.5000

p=d×1002R2 

Where d is difference, r is rate of interest. 

=> (48 x 100 x 100) / 8 x 8 = Rs.7500

Answer 2

hi

here is your answer

Here,

d = 48, R = 8

Now,

P = (d * 100^2) / R^2

=> (48 * 100 * 100) / 8 * 8

=> Rs. 7500

hope it helps

plz mark brainliest answer