Question

Find the difference between the simple interest and compound interest on 2500

Answer 1

Answer:

Actually it is incomplete ques.pls resend again

Answer 2

Answer:

Simple Interest

=$\frac{prt}{100}$

=$\frac{2500 \times 2 \times 4}{100}$

$= 200 \: rs$

Compound Interest

=$a = p(1 + \frac{r}{100}) ^{t}$

Here, n = 2 years = 4 half years

r =4% per annum = 2% half year

By substitution,

$a = rs.2706.0804$

Compound Interest - Simple Interest

= a-p

= 206.0804 Rs

$= 206.0804 - 200 \\ = 6.08rs$

Hope it helps...

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