find the difference between the compound interest and the simple interest on ₹30,000at 7%per annum of 3 years
djha69608:
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Answer:
Step-by-step explanation:
rate%=7%p.a.
time=n=3 years
principal=30000
SI=P×R×T/100
30000×7×3/100
=6300
A=P(1+R/100)^n
=30000(1+7/100)^3
=30000(107/100)^3
=30000(1225043/1000000)
=30000×1225043/1000000
=36751.29
C.I.=A-P
=36751.29-30000
=6751.29
difference=6751.29-6300
=451.29
Answered by
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Answer:
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