find the difference between simple interest and compound interest for the given data
P= rs2000
R= 10pcpa
N= 2years
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Answer:
SI= PRT/100
SI= 2000×10×2/100
SI= 400
Amount=2000×110×110/100×100
Amount= 2420
CI= P-A
=2420-2000
=420
CI-SI = 420-400
= 20 ANS
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