Question

the difference between the compound interest and simple interest on a certain sum of money at 6 upon 2 by 3% per annum for 3 years is rupees 46 find the sum​

Answer 1

Answer:

The sum is rs.3382.352

Step-by-step explanation:

Let the principal be x

Time = 3 years

Rate of interest =

Formula :

Compound interest = Amount - principal = 1.2136x- x=0.2136x

Formula :

Now we are given that the difference between the compound interest and simple interest is Rs.46

So,

Hence the sum is rs.3382.352

Answer 2

Step-by-step explanation:

simple interest =p×r×n/100

compound interest=3338.2