Question

The difference between the compound interest and the simple interest on a certain sum for 3 years at 10%per annum is ₹93. Find the sum.

Answer 1

let principal be P

CI -SI=93

SI=p*10*3/100=3p/10

C.I = [p(1+10/100)^3 -p] = 331p/1000

331p/1000 - 3p/10 = 93

p=3000

Answer 2

Answer:

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