The diff between compound interest and simple interest on an an amount of Rs. A at 8% per anum for 2 years is 800/- then the amount A is (in rupees)
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P=₹800/- R=8% Time =2years
SI =PRT/100
=800 ×8×2/100
=8×8×2
=128
SI =₹128
Amount =SI +P
=₹128 +₹800
=₹928
SI =PRT/100
=800 ×8×2/100
=8×8×2
=128
SI =₹128
Amount =SI +P
=₹128 +₹800
=₹928
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