the compund interest on a certain sum at 5% p.a. for 2 years is Rs 328 . The simple interest on that sum at the same rate and for the same period will be?
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CI= 328₹ , T=2YRS , R = 5%
SI= ? , T & R ARE SAME
P = x
CI = P[{1+r/100)power n} - 1]
328 = x [{21/20}² - 1]
328=[441/400x - 1]
328 = [41/400x]
x= [328/41]×400
x= 3200
P = 3200
SI = PRT/100
SI = [3200×2×5]÷100
SI = 320
ANSWER
SI= ? , T & R ARE SAME
P = x
CI = P[{1+r/100)power n} - 1]
328 = x [{21/20}² - 1]
328=[441/400x - 1]
328 = [41/400x]
x= [328/41]×400
x= 3200
P = 3200
SI = PRT/100
SI = [3200×2×5]÷100
SI = 320
ANSWER
asaddarakhshan374:
Thank you very much...It means a lot...
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