Question

A sum of R. 16000 is invested for a year at 10% p-a compound
annually. Same amount invested for some period at
Simple interest Find the different between c. I and s. p

​

Answer 1

Step-by-step explanation:

amount = 16000(1+10/100)¹

16000×11/10

1600×11=₹17600

c. i= 17600-16000=1600

s,.i =16000×10×1=160000/100=1600

their difference = 1600-1600=₹0