.The difference between the compound interest and simple interest on a certain sum at 10% per annum for 2 years is Rs. 631. Find the sum.
options.
i.63102
ii.63400
iii.63100
Answers
Answered by
4
Let the sum be x.
C.I.=[
x{
1+(
100
10
)
}
2
−x
]=
100
21x
S.I.=
100
x×10×2
⇒C.I -S.I =
100
x
⇒
100
x
=631
⇒x=63100
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Answered by
2
Answer:
Answer is (iii) 63100
Step-by-step explanation:
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