at 4% per annum the diffrence between simple and compound intrest for 2 years on a certain some of money is rs 80 . find the sum ? the intrest compouned annualy
Answers
Answered by
1
Answer:
Correct option is
D
625000
SI - CI =Rs.1000
P=Rs.?
n=2 years
r=4%
Difference between simple interest and compound interest for 2 years =P(
100
r
)
2
1000=P×(
100
4
)
2
P=Rs.625000
Answered by
0
Answer:
∴The intrest of compouned is 6.4
Step-by-step explanation:
80x2x 4/100
=160x 4/100
=6.4
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