Q.46) The difference between the compound and simple interests on an
amount P at r % p.a. for one year is Rs. ________.
a) × (100− 1)
b) 0
c) 100
d) r – 1
Answers
Answered by
0
Answer:
Compound interest = Amount − Principal
C.I.=P(1+
100
R
)
n
−P=P[[1+
100
14
]
2
−1]
C.I.=0.2996P
Simple interest, .S.I. =
100
PNR
S.I.=
100
P×14×2
S.I. =0.28P
Now C.I. − S.I. =100
⇒0.2996P−0.28P=100
⇒P=
0.0196
100
⇒P= Rs. 5102
Step-by-step explanation:
Hope it helps you ☺️☺️
Similar questions