Question

डिफरेंस बिटवीन द सिंपल इंटरेस्ट एंड कंपाउंड इंटरेस्ट sum of money at the ​

Answer 1

Answer:

Let the sum be Rs. x. Then,

C.l. = x (1 + ( 10 /100))^2 - x = 21x / 100,

S.l. = ((x*10* 2) / 100) = x/5 (C.I) - (S.I) =((21x / 100 ) - (x / 5 )) = x /

100

(x/100) = 632 * x = 63100. Hence, the sum is Rs.63,100.