find the differance in simple intrest and compound intrest on rs650 at rate of 4% pa
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Answer:
First we will find simple interest-
650×4×1/100=5.2
So now guys we'll find c. i
amount=p(1+r/100)nt
650(1+4/100)
650×26/25=676
now,
ci=676-650=26
differrnce=26-5.2=20.8
So guys this is ur answer
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