Question

he difference between the compound interest compounded annually and the simple interest on ₹ 625 at 10% per annum for 1 year is _____

Answer 1

Answer:

Rs 62.5

Step-by-step explanation:

Since, finding the fraction of a number is same as multiplying the fraction with the number, we have

10

100

of 625 =  

10

100

× 625 = 62.5---Ans