Question

The difference between compound interest and simple
interest on a certain sum at 12% p.a. for two years is
Rs. 360. What will be the value of the amount at the
end of 2 years when rate of interest is compounded
annually.
​

Answer 1

Answer:

c.i. -s I =360

pr^2/10000

p×12^2=10000×360

p=10000×360/12×12

=10000×30/12=10000×5/2=25000

A=p(1+r/100)^t

putting value of p,r. and t and solve please

p