On what principal will the compound interest be 4 more than the simple
interest for 2 years at 10 p.c.p.al?
1) 100 (2) 200 (3) 400 (4) 500.
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Answers
Answered by
0
Answer:
(3) 400
Step-by-step explanation:
Given,
On what principal will the compound interest be 4 more than the simple
interest for 2 years at 10 p.c.p.al?
SI for 2 years at 10% interest is 20%
CI for 2 years at 10% interest is 2R+R^2/100=21%
21%-20%=4
if 1%=4
100%=400
Answered by
0
Answer:
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