If compound interest on a certain sum of money at 5% per annum for 2 years is Rs. 246.
The simple interest on the same sum for 4 years at 8% per annum is :-
(a) Rs. 786
(b) Rs. 768
(c) Rs. 815
(d) Rs. 840
Answers
Answered by
0
Answer:
Option b
C.I=P (1+r/100)^2-1
246=p (1+5/100)^2-1
246=p (1+1/20)^2-1
246=p (21/20)^2-1
246=p (441/400-400/400)
246=p×41/400
p=246×400/41
p=2400
S.I=p×r×t/100
s.i=2400×8×4/100
s.i=24×8×4
s.i=768
option b
Answered by
9
Answer :-
(b) Rs. 768
Explanation :-
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