if а the difference between Compound interest & Simple intereston a certain Sum of money for 2 years at 12 ½ per annum is ₹ 150. Find the sum
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Answer: Rs72,000
Step-by-step explanation: Correct option is A)
For ,
N=1year
R=10 %
We have S.I.=
100
PNR
=
100
P×1×10
=Rs0.1P
When interest being compounded for half yearly, for 1 year
We have, N=2
And R=
2
10
=5 %
AndAmount=P(1+
100
R
)
N
=P×(1+
100
5
)
2
=P×1.05
2
=1.1025P
And C.I.=A−P=1.1025P−P=0.1025P
Given, C.I.−S.I.=Rs180
⇒0.1025P−0.1P=Rs180
⇒0.0025P−Rs180
⇒P=Rs72,000
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