Question

differences between compound interest simple interest principal 5000 time 2 yrs rate 5 per annum​

Answer 1

Answer:

first you find CI and then SI then subtract it

then you will get answer

Answer 2

Step-by-step explanation:

We know,

S.I=

100

P×R×T

=

100

5000×9×2

=900Rs.

A=P(1+

100

R

)

n

=5000(1+

100

9

)

2

A=Rs. 5940.5

C.I.=A−P=5940.5−5000

=940.5

Difference=C.I−S.I

=940.5−900

=40.5 Rs.