Question

. The compound interest on a certain sum at 5% for two years is Rs. 328. The
simple interest for that sum at the same rate and for the same period will be:​

Answer 1

Answer:

320.

Step-by-step explanation:

Have a look

It is given that time= 2 yr

rate= 5%

So

S.I= 2× 5= 10% of capital

5^2 25

C.I= 10+ ---- = 10+ ----= 10.25 of capital

100 100

Here 10% of capital = Rs 328

328

10% of capital= 10× -------= 320.

10.25