Question

ANNEYEONGHASAYO
#BTSARMY
The difference between the simple interest and the compound interest on a sum of money for 2 years at 12%p.a is ₹216. Find the sum.

HOW IS MY ART ARMYYY??
DEDICATED TO ARMY​

Answer 1

Answer:

please mark my answer as brainiest

sum of money  = 212.93

Step-by-step explanation:

simple interest formula = PRT/100

where:

p is the principal

r is the rate

t is the time period/num of years

compund interest formula

A = P( 1+ r/100)^n

where a is the amount recieved

p is the principal

r is the rate

n is the time period/num of years

create a formula

P( 1+ r/100)^n  -  PRT/100  = 216

P(1+ 12/100)^2 - P* 12 * 2 /100

1.2544P- 24P/100   = 216

125.44P - 24P = 21600

101.44P = 21600

P = 212.9337....

to 2dp

sum of money  = 212.93

hope this helps

please mark my answer as brainiest

#answerwithquality and #BAL

and by the way your drawing is amazing!!!

Answer 2

Answer:

answer of this question in picture..

Difference= P

$(12) {}^{2} \div 100 {}^{2}$

90X100(2)/12(2)=P

P=Rs 6250

I can't write but in picture.

if it's correct

mark me brainliest.....

drawing is awesome