Question

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

​

Answer 1

Answer:

7500

Step-by-step explanation:

SI for 2 yrs @ 10% is 20%

CI for 2 yrs @ 10% is 21%

CI-SI =1%

If 1%=75 then 100% i.e. Sum = 7500