Question

The difference between the compound interest and simple interest on a sum of money for 1.5 years at 12% per annum is rupees 150 .Calculate the amount

Answer 1

hey CI for 1.5 year is 18.72%
SI FOR 1.5 YEARS is 18%
so 0.72 % = 150
100%= ?

amount= 100×150/0.72 = 20,833

Answer 2

Answer:

hey mate here is your answer hope it helps you.