Question

Find the difference between simple interested and compound interest
P =₹ 45000
R = 12%
T= 3 year​

Answer 1

Formula Use :-

$\boxed {Simple \: Interest\: =\ large \frac {P \: × \: R \: × \: T}{100}}$

Solution :

$\implies$ $\large \frac{45000 \: × \: 12 \: × \: 3}{100}$

$\implies$ $\large \frac{1620000}{100}$

$\implies$ $\large {16200}$

Answer 2

$As per question,</p><p>SI=100P×R×T=10045000×12×=Rs. 27000</p><p>Cl=A−P</p><p>Where,</p><p>A=P(1+100R)T=45000(1+10012)5=45000(2528)5=Rs. 79200</p><p>Cl=79200−45000=34200</p><p>Also, difference between SI and Cl</p><p>=34200−27000=Rs. 7200</p><p></p><p>$

this is your answer dear have a good day