Question

The difference between the compound interest compounded annually and the simple interest on ₹ 625 at 10% per annum for 1 year is ______ *
​

Answer 1

Answer:

10% = 10/100 = 0.1 1year = 365 days they didnt mentioned as leap year so take it as 365 days

Step-by-step explanation:

625×0.1× 365 = 22,812.5 {approximately}