Question

if the simple insterest on a sum at4% par annum for 2 year is ₹80, then the compound interest on the same sum for the same periood is

compound interest please help me please ​

Answer 1

Answer :

81.6 Rs

Step by Step explanation:

Let take x as principal SI = (PNR / 100)

80 = (x * 2 * 4 / 100)

80 * 100 / 4 * 2 = x 1000 x = principal

Find Cl

=[1000(1+4/100)^2]

=1000x26/25x26/25

=1081.6

CI (1081.6-1000) = 81.6 Rs.

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