The difference between simple interest and compound interest on rs.2000 for 3 years at 5% is what ?
Answers
Answered by
0
ptr /100
p=2000
r=5%
t=3 yrs
2000×5×3/100
300
CI
2000 (1+5/100)^
2000×105/100 × 105/100 × 105 /100
=2315.25
difference =2315.25-300
=2015.25
hope it helps uu frnd. . . . .
p=2000
r=5%
t=3 yrs
2000×5×3/100
300
CI
2000 (1+5/100)^
2000×105/100 × 105/100 × 105 /100
=2315.25
difference =2315.25-300
=2015.25
hope it helps uu frnd. . . . .
Similar questions