Question

If the if difference between the compound interest and simple interest of a certain sum on a certain sum of money for 2 years at 25/2% per annum is Rs.150. The sum is
a)Rs.9000
b)Rs.9200
c)Rs.9500
d)Rs.9600

Please give the answer with
full explanation!!​

Answer 1

Step-by-step explanation:

CI-SI= ( ₹150

P(1+12.5/100)^2-P25/100

P(1.125)^2-0.25)

P(1.05625)=150

P=142

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