Calculate the difference between the compound interest and the simple interest on 10000 for 2 years at 5% per annum.
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Answers
Answered by
2
Answer:
25
Step-by-step explanation:
A = P [1+R/100]^T
A = 10000 [1 + 5/100 ] ^2
A = 10000 [ 21/20 ] ^2
A = 10000 × 21/20 × 21/20
A = ₹11025
C. I. = A - P
C. I. = 11025 - 10000 = ₹1025
S. I. = PRT/100
S. I. = 10000 × 5 × 2 / 100
S. I. = ₹1000
Difference between C. I. and S. I. = C. I. - S. I.
Difference = 1025 - 1000 = ₹ 25
Answered by
1
Step-by-step explanation:
the simple intrest
intrest is 10000
years = 2
percent = 5percent
10000 ✖ 2 ✖ 5 upon 100
the answer will come
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