the difference between the compound interest and simple interest on rupees 42000 for 2 years is rupees 105 at the same rate of interest per annum find the rate of interest section and compound interest on in 2nd year
Answers
Answered by
6
105=42000×(r/100)²
105=42000×r²/10000
solve, r=5%
105=42000×r²/10000
solve, r=5%
Similar questions