Find the difference between simple interest and compound interest on rs 2000 for rs 2 years at the rate of 10% per annum
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S.I=p*r*t/100
2000*2*10/100
=400rs
C.I= P*(1+R/100)^2
2000*110/100*110/100
=22*110
=420rs
difference =420-400
=20 rs
2000*2*10/100
=400rs
C.I= P*(1+R/100)^2
2000*110/100*110/100
=22*110
=420rs
difference =420-400
=20 rs
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