Math, asked by dramya1994, 5 days ago

The Compound interest on a certain sum in 3years at the rate of 8% per annum is how much percentage more than its Simple interest?

Answers

Answered by rudrabiswal002549

1

Answer:

Solution(By Examveda Team)

Rate (r) = 8%. = (100*3*8)/100 = 24. Difference = 26 - 24 = 2. CI more than SI = (2*100)/24 = 8.33% .

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