Question

The difference between a compound interest and simple interest on a certain sum of 2 year at 6% p. a at rs 90.find the sum

Answer 1

Answer:

principal = Rs. 25,000.

Step-by-step explanation:

so A/Q

           C.I - S.I = 90

P{(1+R/100)power 'T' -1 - R*T/100} = 90

after putting the value of R & T ,we get

                          P = Rs. 25,000