Question

The difference between the compound interest
and simple interest on Ex at 11% per annum
for 2 years is 60.50. What is the value of x?
11% प्रतिवर्ष की दर से 2 वर्षों के लिए : रु. पर
चक्रवृद्धि ब्याज और साधारण ब्याज का अंतर 60.50
रु. है, तो का मान क्या होगा?
(a) 4500
(b) 4000
(c) 4800
(d) 5000​

Answer 1

Step-by-step explanation:

given

rate of interest (r) = 11%

time (t)= 2 year , and difference = 60.50

let sum = X

if different between simple interest and compound interest of in two year of equal sum

then we know

sum = different × 100²/R²

or X = 60.50× 10000/( 11× 11)

or X = 5000

so value of X = 5000

options (d) is correct