Question

the difference between the SI compounded annually and the SI on a certain sum of 3 years at 10% is rupees 62 find the sum​

Answer 1

Answer:

let sum x

now use formulas for simple and compound interest.

(x(1+10/100)³-x)-x*3*10/100=62

11×11×11/1000x-x-3x/10=62

x(1331-1000-300/1000)=62

x=62×1000/31=2000

Step-by-step explanation:

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