Math, asked by ydvseema73, 2 months ago

The difference between compound interest and simple interest on an amount of Rs.
7500 for 2 years is Rs. 300. What is the rate of interest per annum?​

Answers

Answered by preronakakoti262
2

Step-by-step explanation:

Answer

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P=7500       CI−SI=12

T=2yr

SI=100PRT=1007500×R×2=150R

CI=p(1+100x)2−P=7500[(1+100x2)−1]

⇒7500(1+100×100R2+1002R−1)−150R=12

⇒43R2+150R−150R=12

⇒R2=312×4=10  So R=4%

Answered by pawensingh210
0

Answer:

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