on what sum of money will the difference between the compound interest and the simple interest for 2 years equal to rupees 50 ,if the rate of interest charged for both is 5% per annum
shivam5608145:
plz answer my question
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50= p×(r/100) ²
formula
50=p×1/400
20000 =p
formula
50=p×1/400
20000 =p
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