The difference between compound interest and simple interest on a certain sum of money at 15 percent per annum for 2 years is RS 45.find the sum.
Answers
Answered by
2
Answer:
SI=9.8875
Step-by-step explanation:
P=45
R=15%
T=2YEARS
A=45(1+15 )
100
A=45×115×115
100 100
A=9×23×23
4×20
A=4791÷80
59.8875
SI=A-P
SI=45.0000-59.8875
SI=9.8875
Ans
Similar questions