Question

Find the difference between compound interest and simple interest on rs 4000 for 1 year at 10

Answer 1

Answer: 0

Step-by-step explanation:

 simple interest= p*r*t/100

    4000*1*10/100= 400

here we have find the simple interest of this =400

compound interest= p(1+r/100)t-p

here the 't' is the power of (1+r/100)

so= 4000(1+10/100)1-4000

  => 4000*110/100-4000

 =>4400-4000=400

now finally we have finally find the compound interest of this questions=400.

then its difference= compound interest-simple interest

          =>400-400=0

please mark this answer as a brainliest answer.