Question

The difference between simple interest and
compound interest (compounded annually) on
a sum of money for 2 years at 10% per annum
is *65. The sum is​

Answer 1

Step-by-step explanation:

for 2 yrs

difference between s.i nd c.i=

d= p(r/100)^2

65= p(10/100)^2

65= p(1/10)^2

65=p(1/100)

p= 65*100

p=6500