Question

the difference between simply interest and compound interest at the same rate for rs 5000 for two years is rs 72 .the rate of interest is​

Answer 1

Answer:

12

Step-by-step explanation:

SI-CI=P(R/100)^2

72=5000(R/100)^2

72=5000(R^2/10000)

R^2=144

R=12%