If P=rs 3000 ,R =5p.c.p.a ,N=2years than Simple interest =______ *
Rs 300
Rs 350
Rs 400
Answers
Answered by
1
Principal =Rs.3000
Rate =5%
Time =2 years
For compound interest,
A=P(1+
100
R
)
T
A=3000(1+
100
5
)
2
A=
20×20
3000×21×21
A=Rs.3307.50
Thus, CI=A−P=3307.5−3000=Rs.307.50
For Simple Interest,
SI=
100
PRT
SI=
100
3000×5×2
SI=Rs.300
Now, Difference between CI and SI = 307.5−300=Rs.7.5
Answered by
1
Answer:
300 is the answer of this question
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