Question

Difference
of compound gotexest and emple fotesest
for Rs 100
1 year win be Rs.
at 10% for​

Answer 1

Answer:

Principal=1000 Rs.

Time=4 years

Rate of interes=10%

Then Simpleinterest=

100

1000×10×4

=400Rs.

Compoundinterest=Amount−Principal

Amount=1000(1+

100

10

)

4

⇒1000×

100

110

×

100

110

×

100

110

×

100

110

×

⇒1464.10Rs.

C.I.=1464.10−4000=464.10Rs.

Difference between C.I and S.I.=464.10−400=64.10Rs.

Step-by-step explanation:

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