the difference between compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is 2.50 find the sum
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p=x
r=5%
t=2
si=x*5*2/100=x/10
ci=p(1+r/100)^t
x(1+5/100)^2
x*21*/20*21/20=441x/400
441x/400=x/10+2.50
4410x=400x+1000
4410x-400x=1000
after solution you will get the answer
mark as brainiest plz
r=5%
t=2
si=x*5*2/100=x/10
ci=p(1+r/100)^t
x(1+5/100)^2
x*21*/20*21/20=441x/400
441x/400=x/10+2.50
4410x=400x+1000
4410x-400x=1000
after solution you will get the answer
mark as brainiest plz
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