Question

if the simple interest on a sum at 4% per annum for 2years is ruppee 80 then the compond interest on the same sum for the same period is

Answer 1

HEYA HERE IS UR ANSWER

i hope it helps u

Answer 2

Answer:

Step-by-step explanation:

Sum = x

Rate = 4%

Time = 2 years

SI = 80/-

; SI = P R T

100

:. 80 = x * 4 * 2 /. 100

.

:. 80 * 100 / 4 * 2

=. 8000 / 8

P. = 1000

Compound interest = SI - P

1000 - 80

= 920 /-

Thank you

For further information please confirm.