Question

Find the differences between the simple interest and compound interest of 34500 at 5.5% pa for 3 years





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Answer 1

Answer:

45,000 at 12% per annum for 5 years. Answer. As per question, SI=100P×R×T=10045000×1 2×=Rs. 27000. Cl=A−P Where,

Missing: 34500 ‎5.5%

Step-by-step explanation:

Hope it can be the correct solution

Answer 2

319

Step-by-step explanation:

simple interest = 5692.50

compound interest=6011.50

difference = 6011.50-5692.5 =319