find the diffrence between compund intrest and the simple interst on 30000 at 7% per annum for three years
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SI=PRT
SI=30000×7/100×3
SI=₹6300
SI=30000×7/100×3
SI=₹6300
villuri254:
they had asked the difference between the compound interest and simple interest
Answered by
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451.29 is the ans
compound interest-simple interest= p[(r/100)³+ 3(r/100)²}
when time period is 3 years
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