Question

Find the compound interest on a loan of Rs. 1000 at 10% per annum for 3 compounded yearly. Also calculate simple interest. Find the difference between two kinds of interest charged.​

Answer 1

Step-by-step explanation:

difference between simple and compound interest is 31

Answer 2

T̺h̺e̺ a̺n̺s̺w̺e̺r̺ i̺s̺ i̺n̺ t̺h̺e̺ p̺i̺c̺t̺u̺r̺e̺ .̺