Question

the difference between simple interest and compound interest on a certain sum of money for 2 years at 10% per annum is 75 find the sum.

please give me answer fast.



please​

Answer 1

compound interest - simple interest=360 rupees

T=2years

R=7.5%P.a

(i)C.I=P[1+

100R ] T

(ii)S.I= 100P×R×T

C.I−I.S=P[1+ 100R] T − 100R×T

75=P[1+ 100×10 ] 2 − 100

10×2

75=P[ 44.3 ] 2 − 10015

75=P[1.155− 100×15 ]

75=P[1.155−0.15]

75

∴360

Step-by-step explanation:

Jaldi me kiya ha wrong hoga but it will help u try to understand

Answer 2

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