Question

the difference between the compound interest and the simple interest on a certain sum for 2 years at 5% per annum is rupees 60 find the sum​

Answer 1

Answer:

d=p (r/ 100)2

60 = p(5/100)2

60 = px 25/10000

10000 x 60 / 25=P

P = 24000

Sum P=Rs 24000

Answer 2

Answer:

24000

Step-by-step explanation:

Shortcut Trick :

=> PR²/100² = CI - SI

=> (P * 5²)/100² = 60

=> 25p/10000 = 60

=> 25p = 600000

=> p = 24000

Hence, Sum is 24000

#Hope my answer helped you!