Question

The difference between simple and compound
interest on a sum of money put for 2 yr at
10% is R's 40. The sum is
a) 4000
(b) 5000
c 6000
(d) 8000
​

Answer 1

the difference between simple and compound a sum of money put 3yr 10 percent Rs 60 the sum is

a)4000

b 6000

c 800