Question

the difference between the compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is rupees 100 find the sum​

Answer 1

Answer:

40,000

Step-by-step explanation:

sum of amount is 40,000

let suppose 100 will be a amount

difference between the CI and SI is 0.25

then compare the value difference between the simple interest and compound interest is 100