Math, asked by sabitagiri123456in, 1 year ago

Find the difference between the simple interest and the compound interest on 5000 for 2 year at 9% per annum

Answers

Answered by ashmitkumar2
12
here, I'm follow some shortcut trick to find difference....


Difference = pr²/(100)²

= 5000 × (9)²/10000
= 5000 × 81 / 10000

= 40.5
Answered by Anonymous
27
✨ HEY MATE ✨

SI = P*R*T/100
SI = 5000*2*9/100 = 900

A = P(1+R/100)N
A = 5000(1+9/100)2
A = 5000*109/100*109/100
A = 5,940.5
CI = 5,940.5 - 5000 = 940.5

Difference between SIMPLE INTEREST and COMPOUND INTEREST after 2 years =
= 940.5 - 900 = 40.5 ( Answer )

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