Question

The difference between the compound interest and the simple interest on a certain principal for
2 years at the rate of 25/4% per annum is ₹25. Find the principal.​

Answer 1

Answer:

Here are the formulas to the calculated difference in interests. Learn more about Simple and Compound Interest in more detail here. If the difference between compound and simple interest is of three years than, Difference = 3 x P(R)²/(100)² + P (R/100)³.

Answer 2

Step-by-step explanation:

difference between si and ci for 2 years...

si - ci = P(R)^2

25= P*(1/16)^2. 25/4%= 1/16

therefore P = 6400