Question

find the difference between the simple interest and the compound interest on 5000 for 2 years at 9% p. a​

Answer 1

Step-by-step explanation:

S. I=P*R*T/100

S. I. =5000*2*9/100

S. I. =5*2*9

=90

now,

C. I.= P{1+ 9/100}*2

C. I. = 5000{109*109}

C. I.=5000*109*109*

C. I=5000*11881

according to question ,

simple interest - compound interest

Answer 2

Answer:

40.5

Step-by-step explanation:

s.I=PTR/100

I=5000.2.9/100

I=900

A=5000(1+9/100)^2

=5940.5

CI=A-p=5940.5-5000

=940.5

CI-SI =940.5-900=40.5