Question

Rohit deposited rs 1,200 for two years at 5% per annum. find the compound interest using simply intrest
​

Answer 1

Answer:

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Answer 2

Answer:

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Step-by-step explanation:

We have, R=5,%T=1year and C.I.=Rs,2525

⇒ CompoundInterest=A−P

⇒ CompoundInterest=P(1+

100

R

)

T

−P

⇒ 25=P(1+

100

5

)

1

−P

⇒ 25=P(

20

21

−1)

⇒ P=Rs.500

⇒ Now, we have to find simple interest for 2 years using same money.

⇒ S.I=

100

P×R×T

⇒ S.I=

100

500×5×2

∴ S.I.=Rs.50