Question

On what sum of money will the difference between the S.I. and C.I. for 2 years be 5% p.a. to be equal to ₹50?​

Answer 1

Answer:

The difference between the Compound Interest and Simple Interest for a Principal of 'P' and rate of interest “I" is given by the formula

C.I- S.I for 2- years= P(I/100)²

here P= ?

Rate of interest I= 5%

C.I -S.I = Rs 50

So 50= P (5/100)²

So P= 50/(5/100)²

Principal = Rs 20,000

Mark as brainliest

Answer 2

$\tt\huge\purple{hello!!!}$

HERE IS UR ANSWER

$_____________________________$

CI=SI for 2 yrs=

$p (\frac{l}{100} ) {}^{2}$

rate of interest (L)=5%

CI-SI=Rs 50

$50 = p( \frac{l}{100} ) {}^{2}$

$p = rs \: 20000$