Math, asked by isssssshhhh, 1 year ago

find the difference between the compound interest and simple interest on rupees 5000 for 2 years at 5% per annum please do not give direct answer

Answers

Answered by himanshusharmaktm
56

Princlple(P)= Rs. 5000

Rate(R)= 5% p.a.

Time(T)= 2 years

Amount(A)= ?


For SI,

    A=\frac{P×T×R}{100}

or, A= \frac{Rs. 5000×2×5}{100}

or, A= Rs. 50×2×5

or, A= Rs. 500

Now,

SI= Rs. 5000+Rs. 500

  =Rs. 5500


Again, For CI,

    A= P(1+\frac{R}{100})^{T}

or, A= Rs. 5000(1+\frac{5}{100}

or, A= Rs. 5000(1+\frac{1}{20}

or, A= Rs. 5000(\frac{21}{20}

or, A= Rs. 5000×\frac{21}{20}×\frac{21}{20}

or, A= Rs. 25×21×\frac{21}{2}

or, A= Rs. \frac{11025}{2}

or, A= Rs. 5512·5


Now,

CI - SI

=Rs. 5512·5 - Rs. 5500

=Rs. 12·5


∴the difference between the compound interest and simple interest on rupees 5000 for 2 years at 5% per annum is Rs. 12·5


himanshusharmaktm: Instead of those "A" with bars keep multiplication sign
Answered by gurasees28
47

Answer:

please mark me as brainlist

Attachments:
Similar questions