Math, asked by manishmegoti1984, 9 months ago

Find difference between compound interest and simple interest on rs45000 at 12% per annum for 2 years

Answers

Answered by summibokaro

1

Answer:

SI= p×r×t/100

SI = 45000×12×2/100 = 10800

CI= P(1+R/100)®

CI=45000(1+12/100)2

CI=56448

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