Question

the difference between the compound interest and the simple interest ona certain sum at 12℅p.a for two years is​

Answer 1

Answer:

The difference between the compound interest and the simple interest on a certain sum at 12% p.a. for two years is Rs. 90. ... As the simple interest for a year = 750 @ 12% p.a., the principal =750/0.12 = Rs. 6250.