Math, asked by gaurav3533, 1 year ago

calculate the difference between the simple interest and the compound interest on Rs4000in 2 years at 8℅ per annum compounded yearly ​

Answers

Answered by 870276
2

Answer:

Step-by-step explanation:

SI =p*r*t/100

SI=₹640

CI=A=P (1+R÷100)^2

A=4000*64

=₹256000

CI=A-P

CI=256000-4000

CI=₹252000

CI-SI=INTEREST

252000-640=251360₹

Similar questions