the difference between the compound interest and the simple interest on a sum of rupees 15000 for 2 years is Rs 96 what is the rate of interest
Answers
Answer = 8%
Simple Interest Formula:- PNR/ 100
Compound Interest Formula:- P(1+R)^N/100
P- Principle, N- Tenure, R- Rate of Interest
Solution
Solutionverified
S.I=
S.I= 100
S.I= 100P×r×T
S.I= 100P×r×T
S.I= 100P×r×T =
S.I= 100P×r×T = 100
S.I= 100P×r×T = 10015000×r×2
S.I= 100P×r×T = 10015000×r×2
S.I= 100P×r×T = 10015000×r×2 =300r
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r )
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 +
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 100
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300r
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96⇒1.5r
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96⇒1.5r 2
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96⇒1.5r 2 =96
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96⇒1.5r 2 =96⇒r
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96⇒1.5r 2 =96⇒r 2
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96⇒1.5r 2 =96⇒r 2 =
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96⇒1.5r 2 =96⇒r 2 = 1.5
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96⇒1.5r 2 =96⇒r 2 = 1.596
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96⇒1.5r 2 =96⇒r 2 = 1.596
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96⇒1.5r 2 =96⇒r 2 = 1.596 =64
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96⇒1.5r 2 =96⇒r 2 = 1.596 =64∴r=8⇒rate=8
S.I= 100P×r×T = 10015000×r×2 =300rC.I=15000[(1+ 100r ) 2 −1]=15000[1+ 10000r 2 + 1002r −1]=1.5r 2 +300rC.I−S.I=96⇒1.5r 2 +300r−300r=96⇒1.5r 2 =96⇒r 2 = 1.596 =64∴r=8⇒rate=8