Question

on what sum of mone will the difference between simple interest and compund interest for 2 years at5% per annum be equal to ₹25?​

Answer 1

Answer:

let p is the sum of money.

as we know the formula

difference in simple interest and compound interest for 2 years=

$P( \frac{r}{100} ) {}^{2} = 25 = p \times \frac{5}{100} {}^{2} \\ 25= p \times \frac{1}{400} \\ 25 \times 400 = 10000$

Answer 2

Answer:

2666 is your answer okay