Question

i borrowed rs 12500 from jamshed at 6% per annum simple interest for 2 yrs had i borrowed this sum at 6% per annum compound interest what extra amount would i have to pay ?

Answer 1

$\frac{hello}{here \: is \: your \: answer}$

$si = \frac{p \times r \times t}{100}$

$= \frac{200 \times 6 \times 2}{100}$

$= 120 \times 12$

$si = 1440$

NOW FOR CI
$a = 1200( \frac{1}{1} + \frac{6}{100} {)}^{2}$

$12000 \times \frac{53}{50} \times \frac{53}{50}$

$a = 13483.20 - 12000$

$rs 1483.20$

$now \: cp - sp$
$= 1483.20 - 1440.00$
$rs \: 43.20$

$\frac{hope \: you \: like \: you}{thanks}$

Answer 2

Answer:

Step-by-step explanation: