Question

The difference between ci and si for 2 years on the same sum at 5% pa is rs 240 find the sum site:brainly.In

Answer 1

Answer:Difference between C.I and S.I for 2 years is nothing but the 'interest' on the 'simple interest earned on first year'Hence, 5% of S.I = 2405/100 * S.I = 240.... S.I = 240*100/5 = 4800S.I for first year = 48005% of P = 4800P = 4800*100/5 = 96000 Rs.Hence, sum = Rs.96,000 I hope this will help uhh