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.
Answers
Answered by
0
Answer:
Step-by-step explanation:
CI = Rs. 246, R = 5%, T = 2 years
CI = A - P
246=P(1+
100
5
)
2
−P
246=P
∣
∣
∣
∣
(
20
21
)
2
−1
∣
∣
∣
∣
246=P
400
61
P=
41
246×400
= Rs. 2400
Now, P = Rs. 2400, R = 6%, T = 3 years
SI =
100
2400×6×3
= Rs. 432
Answered by
0
Answer:
mark me as Brainliest and thank me if the answer is useful.
Step-by-step explanation:
Attachments:
Similar questions