Math, asked by garv1000, 7 hours ago

find the sum of money on which the diffrence between compound and simple interest at rate of 10%per annum for 2 years is 500​

Answers

Answered by gaureeghangale
0

Answer:

Step-by-step explanation:

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ANSWER

Let the sum =P

Simple Interest for three years =P×

100

5

×10=0.15P

CI=P(1+

100

5

)

3

−P

=P(1.05)

3

−P

1.15763P−P=0.15763P

Difference between compound interest and simple interest

CI−SI=0.51763P−0.15P

=0.00763P

0.00763P=76.30

P=10,000.

Step-by-step explanation:

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Answered by vaibhavnandu2001
1

Answer:

Answer is 127.5

Step-by-step explanation:

  • first we find compound interest:-

formula

CI=p(1+r/100)÷t

CI=500(1+10/100)÷2

CI=500(11/100)÷2

CI=500×0.11÷2

CI=55÷2

CI=27.5@ns

  • then,we find simple interest:-

formula

SI=p×r×t/100

SI=500×10×2/100

SI=5×10×2(after dividing 500 by 100)

SI=50×2

SI=100@ns

  • then,we find sum of CI and SI

27.5+100

127.5@ns

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