simple interest on a sum of money for 3 years at 25/4% p.a. is rupees 2400. where will be the compound interest on that sum at two same rate for same period.
rohitchhabra153:
plz recheck ques it is...... ci on that sum at 2 same rate?????
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simple interest =rs. 2400
time=3 years
rate of interest = 25/4%.p.a.
s.i.= P*R*T/100
s.i.=( P*25/4 *3)/100
2400= P*3*16
2400/3*16 =P
12800 rs.=P
c.i.=P*[1+R.I/100]^t -1]
c.i.=12800*[1+25/4/100]^3-1]
c.i.=12800*{[17/16]^3-1}
c.i.=12800*[4913/4096-1]
c.i.=12800*4913-4096/4096
c.i.=12800*817/4096
c.i.=25*817/8
c.i.=25*102.13
c.i.= RS. 2553.25
time=3 years
rate of interest = 25/4%.p.a.
s.i.= P*R*T/100
s.i.=( P*25/4 *3)/100
2400= P*3*16
2400/3*16 =P
12800 rs.=P
c.i.=P*[1+R.I/100]^t -1]
c.i.=12800*[1+25/4/100]^3-1]
c.i.=12800*{[17/16]^3-1}
c.i.=12800*[4913/4096-1]
c.i.=12800*4913-4096/4096
c.i.=12800*817/4096
c.i.=25*817/8
c.i.=25*102.13
c.i.= RS. 2553.25
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