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The differences between the compound interest and the simple interest on a certain sum for 2 years at 6percent per annum is Rs.90. Find the sum.(ANS=25000)
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Formula for 2 yrs D = P(R/100)²
90=P(6/100)²
P=90x2500/9
=10x2500
=25000 rs
90=P(6/100)²
P=90x2500/9
=10x2500
=25000 rs
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hello
here is your solution
hope it helps
#jerri
here is your solution
hope it helps
#jerri
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