Math, asked by house1283gharhan, 1 year ago

find the difference between compound interest and simple interest on a sum of 16000 for 3 year the rate of interest is 2% per annum​

Answers

Answered by FNeha
5

Answer:

19.33 rupees

Step-by-step explanation:

compound amount = 16979.33 rupees

& C.I . = 979.33 rupees

Simple interest = 960 rupees

subtract C.I. - S.I.

= 979.33- 960

= 19.33 rupees

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