If the simple interest on a sum at 4% per annum
for 2 years is 80, then the compound interest
on the same sum for the same period is
Answers
Answered by
0
Answer:
SI=
100
P×r×t
⟹80=
100
P×4×2
⟹P=Rs.1,000
CI=P[(1+
100
r
)
n
−1]
CI=1000[(1+
100
4
)
2
−1]=Rs.81.6
Answered by
0
Answer:
81.60 is the answr for the solution
Attachments:
Similar questions