The difference between the compound interest and the simple interest on a certain sum for 2 years at the rate of 10% per annum is 500 rupees. find the sum
Answers
Answer:
Pressure is defined as the physical force exerted on an object. The force applied is perpendicular to the surface of objects per unit area. The basic formula for pressure is F/A (Force per unit area). Unit of pressure is Pascals (Pa). Types of Pressures are Absolute, Atmospheric, Differential, and Gauge Pressure. While sipping beverages from a straw, have you noticed that you actually suck the air out of the straw? While you sip the beverage, you’re actually applying ‘Pressure’. But, what does it mean? Let’s study more about it.
Answer:
Let the sum be Rs.100
Computation of compound interest:
Prinicpal =Rs.100
R=10% per annum and n=2 years
=Rs.121
Computation of simple interest:
Prinicpal =Rs.100
R=10% and Time =2 years.
∴S.I.=Rs.(
100
100×10×2
)=Rs.20
Thus, difference in C.I. and S.I.=Rs.(21−20)=Re.1
Now, if difference between C.I and S.I. is Re.1, Then Sum =Rs.100
If difference between C.I. and S.I. is Rs.500, Then Sum =Rs.(100×500)=Rs.50000