If the difference between compound interest and simple interest on a certain sum of money for 2 years at 12 1 by 2 %per annum is Rs.150.The sum is:
Answers
Answered by
1
Answer:
The difference between simple interest and compound interest on a certain sum for 2 years formula
Explanation: If Diff. between SI & CI for 2 years is Rs. x, then Principal = x (100/r)2 P = 50 x (100x100)/(10x10) → P = 5000. Explanation: If Diff.
Similar questions
Computer Science,
2 months ago
Social Sciences,
2 months ago
English,
5 months ago
Computer Science,
10 months ago
English,
10 months ago