Question

if the difference between c, compound quarterly and simple interest on a certain sum at the rate of 16% per annum for 3/4 year is Rs36 the sum is​

Answer 1

Answer:

ANSWER

C.I.−S.I.=18

(P(1+  

100

R

​  

)  

n

−P)−(  

100

P×R×n

​  

)=18

Given:-

P=?

R=6%

n=2 years

P(1+  

100

6

​  

)  

2

−P−  

100

P×6×2

​  

=18

P(  

100

106

​  

)  

2

−P−  

25

3P

​  

=18

1.1236P−P−0.12P=18

0.0036P=18

P=  

0.0036

18

​  

=5000

Step-by-step explanation:

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