Question

find the compound interest on rs 5000 for 3 years at 5% . Also find the simple interest for rs 5000 for 3 years at 6% .Find the difference in interest​

Answer 1

Answer:

please follow the above attachment for the solution

Answer 2

Answer:

cI=p(1+R/100)n-P

cI=5000(1+5/100)3-5000

ci=862375-5000

ci=857375

si=p*r*t/100

si=5000*3*6/100

si=900