India Languages, asked by Anonymous, 6 days ago

find the difference between the compound interest and simple interest on Rs 1000 at the rate of 5% annum for 1 year. please tell me

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Answers

Answered by ruhisinghlife40

1

Answer:

SI=

100

1000×10×1

=₹100

Compound interest for the first year =

100

1000×10×1

=₹100

CI−SI= 100−100=0

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