find the difference between the simple interest and compound interest on rupees 5,000for 2 years at the rate of 6 % compounded annually.
Answers
Answered by
0
Answer:
The simple interest is 600 and compound interest is 618
Step-by-step explanation:
SI=5000*2*6/100
SI=60000/100
SI=600
CI=5000*6*1/100
CI=30000/100=300
A=5000+300=5300
CI=5300*6*1/100=318
A=5300+318=5618
CI=5618-5000=618
Answered by
1
Answer:
this is the whole solution .first find CI and then SI .then do subtractuon
Attachments:
Similar questions