simple interest on certain rate sum of money for 2 years at 10% per annum is 1600 find the amount due and the compound interest on this sum of money at the same rate after 3 years interest being reckoned annually
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hey here is ur ans
S.I=p*r*t/100
let p be x
then we will get
SI=x*10*2/100
1600=1/5x
x=1600*5
X=8000
amt=8000+1600
=₹9600
C.I=p*[1+r/100]^t
C.I=8000[1+10/100]^3
C.I=8000[110/100]^3
C.I=₹10648.
C.I=10648-8000
=₹2468
hope it helps nd mark me as brainlist
S.I=p*r*t/100
let p be x
then we will get
SI=x*10*2/100
1600=1/5x
x=1600*5
X=8000
amt=8000+1600
=₹9600
C.I=p*[1+r/100]^t
C.I=8000[1+10/100]^3
C.I=8000[110/100]^3
C.I=₹10648.
C.I=10648-8000
=₹2468
hope it helps nd mark me as brainlist
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