Math, asked by Coaxialtube47, 11 months ago

Find the sum on which the difference between the simple interest
and compound interest at the rate of 8% per annum compounded
annually would be Rs.64 in 2years.

Answers

Answered by gautamboro1212

3

FORMULA

Difference = P*(R)²/(100)²

64 = P*(8)²/(100)²

64100100/64 = P

P = 10000

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