Question

the difference between the compound interest and simple interest on a certain sum of money at 62/3% per annum for 3 year is 46 find the sum​

Answer 1

Answer:

P(r/100) 2 (3+r/loo) = d

P(20/3oo) 2(3+20/300) = 46

P(.1/15) 2(3+1/15)=46

PX1/225x46/15=46

P=46x225x15/46 = Rs. 3375. Ans