the difference between the compound interest and the simple interest on a certain sum at 6 and 2/3% p.a for 3 years is rs 46 find the sum
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hii friend
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Hello,
SI=PRT/100;
SI=P×20/3×3/100= P/5
CI=P(1+r/100)n-1;
=P[1+(20/3)/100]3-1;
=P[1+1/5]3-1;
=P(16/15)3-1;
=P(4096/3375-3375/3375);
=721P/3375
CI-SI=46;
721P/3375-P/5=46;
721P-675P/3375=46;
46P/3375=46;
P=(46×3375):46=3375;
P=3375 rs
bye :-)
SI=PRT/100;
SI=P×20/3×3/100= P/5
CI=P(1+r/100)n-1;
=P[1+(20/3)/100]3-1;
=P[1+1/5]3-1;
=P(16/15)3-1;
=P(4096/3375-3375/3375);
=721P/3375
CI-SI=46;
721P/3375-P/5=46;
721P-675P/3375=46;
46P/3375=46;
P=(46×3375):46=3375;
P=3375 rs
bye :-)
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