Math, asked by divya0307, 11 months ago

the difference between simple interest and compound interest on rs.500 for 1year at 12.5% per annum is

Answers

Answered by haridasan85

0

Answer:

No difference. For 1 year SI=

500x1x12.5/loo=Rs 62.50

CI

p+l= 500x(I +25/2oo), =5oox225 / 200=562. 50

Cl=562.50-500 = Rs 62.50

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