Math, asked by vikpatel895, 8 months ago

the difference between the compound interest and simple interest on a sum of rupees 15000 for 2 years is rupees 96. what is the rate of interest

Answers

Answered by subodhmohapatro

0

Answer:

8

Step-by-step explanation:

Formula for difference of si and ci for 2 years

P(r/100)² = Difference

so 15000(r/100)²=96

By solving above r=8

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