Question

The difference between the Compound Interest and Simple Interest on a certain amount at
10% per annum for 2 years, compounded annually is Rs. 372. Find the principal.​

Answer 1

$\huge\color{pink}\boxed{\colorbox{black}{☞Answer☜}}$The Difference Between The C.I And S.I On A Certain Amount At 10% Per Annum For 2 Years,Compounded Annually Is Rs. 372.Find The Principal. A)Rs.37900 B)37500.50 C)Rs.38000 D)Rs.37200 Please mark as brainliest ❤️

Answer 2

Answer

C.I.−S.I.=18

(P(1+

100

R

)

n

−P)−(

100

P×R×n

)=18

Given:-

P=?

R=6%

n=2 years

P(1+

100

6

)

2

−P−

100

P×6×2

=18

P(

100

106

)

2

−P−

25

3P

=18

1.1236P−P−0.12P=18

0.0036P=18

P=

0.0036

18

=5000