Question

find the difference between simple interest and compound interest for 3 years at 10% per annum then the interest is compounded annually on rupees 30000​

Answer 1

Answer:

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between simple interest and compound interest for 3 years at 10%

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Answer 2

Step-by-step explanation:

USE THIS FORMULA

SUM = D *100^3/(R^2(300+R)

D = DIFFERENCE, ^3 = 3 YEARS , R = RATE

5000 = D *100^3 / (100 (300+10) )

D = 5000 X 310 /10,000= Rs 155 ANSWER