Question

The difference between the compound intrest and the simple imtrest on a certain sum for 3 years at 10% per annum is rs93. Find the sum.​

Answer 1

Answer:

Simple interest = 30 × 10 × X /100

=> 3X / 10

Compound Interest =  x (1+10 /100)∧3  - X

Compound Interest = 1331X /1000- X

=> 331X /1000

Now,

CI - SI = 93

=> 331X /1000  -3X /10=93

=> 31X × 1000= 93

=> 31X = 93000

X= 3000 Ans

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@GauravSaxena01