Question

A sum was lent at 20% p.a. compound interest. If the
interest for the fourth year is 1728, the difference in
the interest for the first year and the interest for the
second year is __​

Answer 1

Answer:

Hi mate..!!!

***Here is your***

p= 1200/(1+20/100)+1440/(1+20/100)^2

p= 1200/(1+20/100)+1440/(1+20/100)^2=(36000+36000)/36

p= 1200/(1+20/100)+1440/(1+20/100)^2=(36000+36000)/36=2000

Hope you understand

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