Question

the difference between compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is 25 find the sum.

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please​

Answer 1

Step-by-step explanation:

Difference between SI and CI for 2 years =25/-

Rate of Interest is 5%/-.

Rs.25/- is the interest earned on interest earned during the first year. Therefore interest earned during the first year =

5% = 25. Therefore 100%=2500/5 =500.

Hence interest earned during 1st year is 500 which is 5%. Therefore sum = 50000÷5 = Rs.10000/-.

Answer 2

Answer:

here's your answer............

Step-by-step explanation:

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