if the compound interest on a certain sum for 2 years at 4%p.a. is Rs102 ,find the simple interest at the same rate for 2 years?
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ci=p(1+ r/100)^n
102=p(26/25)^2
p=102×25×25÷26×26
p=110.6
si=110.6 ×2×4÷100
=884.8 ÷100
=8.84
102=p(26/25)^2
p=102×25×25÷26×26
p=110.6
si=110.6 ×2×4÷100
=884.8 ÷100
=8.84
Aahana08:
wrong answer is 100
Answered by
2
Answer:
TIME = 2 YRS
RATE = 4 %
CI = 102
CI for 2 yrs = R+R+ (R*R/100)
4+4+(4*4/100) = 8.16%
SI for 2 yrs
2*4=8%
SI for 2 yrs according to question
ci/rate of ci *rate of si
102/8.16*8 = 100/-
Step-by-step explanation:
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