Find The difference between Compound interest and simple interest on a sum of Rs.16000 at 10% p.a. for 3 years
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1
Step-by-step explanation:
21296-4800= 16496
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Answered by
0
Step-by-step explanation:
p(1+r/100)^n - prt/100
= 16000(1+10/100)^3- 16000×10×3/100
calculate the sum, the answer is Rs. 16496
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