Question

The difference between the simple interest and compound interest on a sum of money for 2 years at at 12% is Rupees 216 find the sum​

Answer 1

Answer:

the sum is 15000 rupees hope u like it

Answer 2

$\large\bf{\underline{\underline{Answer:}}}$

$\underline{\boxed{\sf\purple{Given:}}}$

The difference between the simple interest and compound interest on a sum of money for 2 years at 12 % per annum is Rs. 216.

$\underline{\boxed{\sf\purple{Find:}}}$

What is the sum.

$\underline{\boxed{\sf\purple{Using\: formula:}}}$

$\longrightarrow{}$$\sf \color{red}\dfrac{P \times R \times T}{100} = P \times ( \dfrac{100 \times R}{100} )$

$\longrightarrow{}$$\sf \color{red}\dfrac{P \times 2 \times 22}{100}- [(\dfrac{112}{100}) - 1]$

$\longrightarrow{}$$\sf\color{red} \dfrac{6P}{2} - ( \dfrac{784 - 625)}{625}$

$\longrightarrow{}$$\color{red} \dfrac{159}{625}$

$\longrightarrow{}$$\sf \color{red}\dfrac{159 p - 150 p}{625} = \dfrac{9p}{625}$

$\longrightarrow{}$$\sf \color{red}p =\dfrac{216 \times 625}{9}$

$\longrightarrow{}$$\bold\color{green}{ =15000}$

Thankyou :)