Math, asked by shiva0001, 1 year ago

find the sum of money on which the difference between compound interest and simple interest at the rate of 10% per annum for 2 years is rs 500.step by step explain

Answers

Answered by haridasan85

9

Answer:

d = difference, r = rate, P=sum

d=P(r/loo)^2

500 =P (10/100) 2

p = 500x10000/100

= 50000

Sum P = Rs 50000

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