Question

P- 4000 for 2 years at 8% p.a.​

Answer 1

Answer:

I think it's answer will be 72256

Answer 2

$\huge\bold\red{Answer:-}$

For 1st year

P = Rs. 4000

R = 8

T = 1 year

I = 4000×8×1100 = 320

A = 4000 + 320 = Rs. 4320

For 2nd year

P = Rs. 4320

R = 8%

T = 1 year

I = 4320×8×1100 = Rs. 345.60

A = 4320 + 345.60 = 4665.60

Compound interest = Rs.

4665.60 - Rs. 4000 = Rs. 665.60

Simple interest for 2 years = 4000×8×2100 = Rs. 640

Difference of CI and SI = 665.60 - 640 = Rs 25.60.

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