Question

the difference between the compound interest, compounded annually and the simple interest on a certain sum of 2 years at 15% per annum is rupees 180. Find the sum invested​

Answer 1

Answer:

Note: The above formula: A = CI + P will give us total amount. ...

Questions 1:Find the amount if Rs 20000 is invested at 10% p.a. for 3 years.

Solution: Using the formula:A= P [1+ R/100]n ...

Question 2: Find the CI, if Rs 1000 was invested for 1.5 years at 20% p.a. compounded half yearly.

Answer 2

Answer:

si is 30 when p is 100

ci for 1 is 15

ci for 2 is 17.25

15+17.25=32.25

32.25 -30=2.25

for 180

180*100/2.25=8000