b. the interest on 2200 for 3 years is *330.
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Step-by-step explanation:
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Answered by
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Step-by-step explanation:
Simple Interest, S.I. = Rs. 1260 =
100
PR×2 = 50 PR -(i)
Compound Interest, C.I. = Amount(A) - Principle(P)
=P(1+ 100R ) 2 - P = PR(R/10000+1/50)=Rs.1323 -(ii)
Dividing (ii) by (I),
200R +1 = 1260
1323
⇒Rate,R=10%p.a.
Now,
100PRT =1260
⇒100
P×10×2 =1260
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