Find the distance between the simple and the compound interest at 5% per annum for 2 years on a principal pf rs 2000?
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it's not distance it is difference.
SI=2000×5×2/100
=200
CI= 2000(1+5/100)power2 -2000
=2000×(21/20)power2-2000
=2000×441/400 -2000
=2205-2000
=205
CI-SI=205-200=5
SI=2000×5×2/100
=200
CI= 2000(1+5/100)power2 -2000
=2000×(21/20)power2-2000
=2000×441/400 -2000
=2205-2000
=205
CI-SI=205-200=5
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