Find the difference between the simple interest aur the compound interest on ₹ 5000 for 2 years 6 % per annum
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Answer:
18
Step-by-step explanation:
CI - SI = P× (r÷100) × (r÷100)
given P = 5000
r = 6%
then CI - SI = 5000×(6÷100)× (6÷100)
= 18
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