step by step explaination I want please
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Step-by-step explanation:
CI = P(1+15/100)² - P
= P(115/100)² - P
SI = (P×2×15)÷100
=30P÷100
=3P/10
Given :
CI - SI = 144
{P(115/100)² - P} - 3P/10
(3225P/10000) - (3P/10) = 144
(32250P - 30000P) ÷ 100000 = 144
2250P = 144 × 100000
P = 14400000 ÷ 2250
P = 6400
Hope this satisfies your step by step explanation.
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