Math, asked by ridhima6120, 1 year ago

Difference of compound interest and simple interest formula for 3 years for rate of 10% is 620

Answers

Answered by Ritumrinal
0
S. I=p*r*t/100=p*3*10/100=3p/100
C. I=A-P=p(1+r/100)t-p=p(1+10/100)3-p
=p(11/10)3-p
=1331p/1000-p
=1331p-1000p /1000
=331p/1000
A/Q
C. I-S. I=620
331p/1000-3p/10=620
31p/1000=620
p=20*1000=20000ans


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