Math, asked by ashikmohameddhoni, 5 months ago

The difference between the simple interest and the compound interest calculated annually

on a certain amount at the rate of 20% per annum for 2 years is Rs. 248.20. What is the

amount?​

Answers

Answered by 13337
0

Answer:

calculate the difference between the simple interest and the compound interest on Rs. 20,000 in 2 years at 8% per annum compounded yearly.

Step-by-step explanation:

Correct option is

B

Rs. 128

⇒  P=Rs.20,000,T=2years and R=8%.

⇒  S.I.=  

100

P×R×T

 

⇒  S.I.=  

100

20000×8×2

 

∴    S.I.=Rs.3200.

⇒  C.I.=P(1+  

100

R

)  

T

−P

⇒  C.I.=20,000×(1+  

100

8

)  

2

−20,000

⇒  C.I.=23,328−20,000

∴     C.I.=Rs.3328.

⇒   C.I.−S.I=Rs.3328−Rs.3200=Rs.128.

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