Question

Flag question
Find the difference between Compound
Interest and Simple Interest on Rs.10000
for 4 years at 10% p.a., if interest is
compounded annually.
O a. 550
O b. 541
C. 641​

Answer 1

Answer:

550 is the answer on the question

Answer 2

Answer:

The difference between the compound interest (compounded yearly) and the simple interest for 2 years on a certain sum at 5% per annum is Rs. 25. The sum is: