Question

Find the difference between simple interest and compound interest at 5% per annum for two years on a principle of 2000.

Answer 1

Hey!!!..Here is ur answer

Applying the formula--- P=D×100^2/R^2

where D is the difference between simple interest and compound interest

2000=D×10000/25

D=5 Rs.

Hope it will help you

Answer 2

hai!!






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Applying the Formula= p= d×100^2/r^2

where D is the difference between simple interest and compound interest

2000= D × 10000/25

D = 5 .




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I hope it's help you