Plz solve this question, only if u knw the solution. Otherwise just don't waste my points. (Irrelevant answers or comments will be reported).
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Answer:
Sum = 10000
Step-by-step explanation:
Rate of interest = 5% per annum
Time = 2 year
According to question,
Compound Interest = P[(1 + r/100)ⁿ - 1]
= P[(1 + 5/100)² - 1]
= P[(105/100)² - 1]
= P[1025/10000]
= 41P/400
Then,
S.I = (PRT/100)
= (P * 5 * 2)/100
= 10P/100
= P/10
Difference between simple interest and compound interest is Rs. 25
C.I - S.I = 25
=> (41P/400) - (P/10) = 25
=> (41P - 40P)/400 = 25
=> P = 10000
Therefore,
Sum = 10000
Hope it will help you!
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hope it helps you out
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