Question

the difference between CI &SI on a certain sum of money at 18% p.a. for 2 years is 60 find the sum​

Answer 1

Answer:

Difference between CI and SI =

100

3

Pr

2

(300+r)

⇒620=

100

3

P×100

×(300+10)=

100

3

100P

(310)

⇒620=

10000

P(310)

⇒P=Rs.20,000