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
Attachments:
Answers
Answered by
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!!!
Answered by
2
Answer:
answer of this question in picture..
Difference= P
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
Attachments:
Similar questions
Hindi,
5 months ago
Environmental Sciences,
5 months ago
Social Sciences,
9 months ago
Math,
11 months ago
English,
11 months ago