Question

find the difference between the compound interest and the simple interest on rupees 3000 at 7% per annum for 3 years

Answer 1

Hey mate here's ur answer

Simple interest =3000*7*3/100

=630

Compound interest=p((1+r/100)^n)-1)

=3000((1+7/100)^3-1)

=675.12

Difference=675.12-630

=45.12

Hope this helps

Plz mark my answer as brainliest

Answer 2

HEY MATE HERE IS YOUR ANSWER ....

HOPE IT HELPS YOU
MARK AS BRAINLIST