Find the Principal, if the difference between Compound Interest and Simple Interest is Rs. 48, at 20% per annum for 2 years
Answers
Answered by
2
DIFFERENCE=P(r/100)²
48=P(20/100)²
48=P×20/100×20/100
48×100/20×100/20=P
48×5×5=P
1200=P
P=1200
48=P(20/100)²
48=P×20/100×20/100
48×100/20×100/20=P
48×5×5=P
1200=P
P=1200
stenu:
PLS MRK AS THE BEST
Similar questions