Question

find the difference between compound interest and simple interest on sum of rs 50000 at 10% per annum for 2 years

Answer 1

difference between CI and SI for 2years is
CI - SI for 2 years = P(r/100)²

$p {(r \div 100)}^{2}$
so CI - SI = 50000(10/100)²
CI - SI = 50000(1/10)²
CI - SI = 50000/100
CI - SI = 500

Answer 2

Answer:

difference between CI and SI for 2years is

CI - SI for 2 years = P(r/100)²

so CI - SI = 50000(10/100)²

CI - SI = 50000(1/10)²

CI - SI = 50000/100

CI - SI = 500

Step-by-step explanation: