Math, asked by preetichandani20256, 6 months ago

the difference between the compound interest and the simple interest on a certain sum of money at 8% per annum for 2 years is 112 find the sum

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Answered by itsbiswaa

20

Answer:Here,

P = Principal

n = conversion periods

T = time period

R = Rate of interest

CI = Compound Interest

SI = Simple Interest

A = Amount

x = a variable for Principal ( assumed by us. )

Step-by-step explanation:

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