Math, asked by vidushiminda, 5 months ago

The compond interest on a certain
sum money at 5%.pa. for 2yrs is 245. Calculate the simple interest on the sum for three years at 6%p.a.​

Answers

Answered by hasinigadiyaram64
2

Step-by-step explanation:

According to interest that have been compounded for 2 years and R=5 %, Amount=P(1+

100

R

)

N

=P(1+

100

5

)

2

=P×(1.05

2

)=1.1025P

So, C.I.=A−P=1.1025P−P=0.1025P

Given, C.I.=Rs246

=>0.1025P=Rs246

=>P=Rs2,400

For

=>P=Rs2,400

N=3years

R=6 %

We have S.I.=

100

PNR

=

100

2,400×3×6

=Rs432

Answered by thakkarh647
2

Step-by-step explanation:

The compound interest on a certain sum of money at 5% per annum for two years is Rs. 246. Calculate the simple interest on the same sum for three years at 6% per annum.

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