Math, asked by mahi2680, 10 days ago

The difference between compound interest and simple interest on an amount of 15,000 for 2 years is 96. What is the rate of interest per annum?​

Answers

Answered by vanshika5140
1

Answer:

[15000×(1+R100)2−15000]−[15000×R×2100]=96⇒R=8% The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96.

Step-by-step explanation:

hope it helps you

Previous Question
Next Question
Similar questions
Math, 5 days ago
Simplify the following using BODMAS rule : 4 2 5 4 4 X - + 3 5 3 9 3 please answer correct​...
Social Sciences, 5 days ago
How do you locate directions on a map? short answer. ​
English, 5 days ago
What is the purpose of using the phrase'Not with a bang' in 'the Hollow men' ?​
Physics, 10 days ago
if we supply ice with a total energy of only 210kj what then are the final state and temperature of the water.
English, 10 days ago
Q. Read this extract and identify the oxymorons used, "Why, then, o brawling love! O loving hate! O anything, of nothing first create! O heavy lightness! Serious Vanity! Misshapen chaos of well-seeming forms! Feather of lead, bright smoke, cold fire, sick health! Still-walking sleep, that is not what it is! This love feel I, that feel no love in this. Dost thou not laugh?"​...
Geography, 9 months ago
how is leap year calculated ​...
Math, 9 months ago
plzz tell step by step fast​...
English, 9 months ago
figure of speach of and call our best away​...