Math, asked by kanchanmondal373, 2 months ago

find the difference between the simple interest and the compound interest on ₹14000 for 2 years at 6% per annum

Answers

Answered by prasanthikuchipudi

0

Answer:

50.4

Step-by-step explanation:

Given,

Sum=14000

time=2 years

rate=6%

SI =14000*2*6/100

SI=1680

CI for 2 years R+R+R^2/100

6+6+6^2/100=12.36

CI=12.36% of 14000

CI=1730.4

CI-SI=1730.4-1680

=50.4

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