the difference between simple interest on a certain sum of the role of 8% per annum for 18 month and 24 month of rupee 452 what is the sum in rupee
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Brainly.in
Secondary SchoolMath 5+3 pts
The difference between simple interest and compound interest on a certain sum of the money at 8% per annum for one and half years, when interest is compounded half yearly is Rs.228 find the sum.
Report by Abhishekmittal3250 22.09.2018
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ayushtwenty16
Ayushtwenty16 Ambitious
Let the Sum = P
Given Rate of interet = R = 8% p.a, Time = T = one and half year = 3 /2 years
SI= PRT/100 =( P x 8 x 3/2)/100 = 12P/100
CI = P{(1+R/200)2T-1}= P{(1+8/200)^3-1} = P{(26/25)^3-1}
= P* (26^3 -25^^3)/253 = 1951P/15625
Given CI-SI= 228
or 1951P/15625 - 12P/100 = 228
or P= 46875
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