Math, asked by siddhantkanchanwar, 1 month ago

The compound interest on a sum of money for 3 years at 10% p.a. is ₹264.80. Find the simple
interest for the same sum for the same time at the same rate,

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Answered by Anonymous

1

Answer:

Here,P=1324,R=10percentage,N=3yearssimpleinterest=100P×R×T=100×1001324×10×3=1000039720=3.972

Hence, S.I=3.972%

Step-by-step explanation:

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