find the difference between compound interest and simple interest on rupees 45,000 at 12% per amount for 3 years.
Answers
Answered by
0
Answer:
Answer is 16,200 hope this answer will help mark me as brainliest
Answered by
0
Answer:
As per question,
SI=
100
P×R×T
=
100
45000×12×
=Rs. 27000
Cl=A−P
Where,
A=P(1+
100
R
)
T
=45000(1+
100
12
)
5
=45000(
25
28
)
5
=Rs. 79200
Cl=79200−45000=34200
Also, difference between SI and Cl
=34200−27000=Rs. 7200
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