Ques.
On what Sum of money does the difference between the simple interest And compound interest in 2 years at 5% per annum is ₹15?
ICSE Class-9
Ch-2 Compound Interest
!!Please Give The Answer Fast!!
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ANSWER
S.I=
100
PRT
=
100
P(5)(2)
=0.1P
C.I=P[(1+
100
R
n
)−1]=P(1.05
2
−1)=0.1025P
C.I−S.I=0.0025P=15
⇒P=6000Rs
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