the difference betwwen the ci and si on sum of money at 20/2%per annum for 3 years is 46
Answers
Answered by
1
Step-by-step explanation:
↙️↘️◆↙️↘️◆↙️↘️◆↙️↘️◆↙️↙️◆↘️↙️
❤️_________✍️_________❤️
The sum is rs.3382.352
Step-by-step explanation:
Let the principal be x
Time = 3 years
Rate of interest =
\frac{20}{3}\%
Formula :
A=P(1+r)^t
A=x(1+\frac{20}{300})^3
A=1.2136x
Compound interest = Amount - principal = 1.2136x- x=0.2136x
Formula :
SI = \frac{P \times R \times T }{100}
SI = \frac{x \times \frac{20}{3} \times 3 }{100}
SI = 0.2 x
Now we are given that the difference between the compound interest and simple interest is Rs.46
So,
0.2136x-0.2x = 46
0.0136x = 46
x = \frac{46}{0.0136}
x = 3382.352
Hence the sum is rs.3382.352
✳️❇️✳️❇️✳️❇️✳️❇️✳️
【◆】●【◆】●【◆】●【◆】●【◆】●【◆】
❤️
✨✨
✳️✳️✳️
✔️✔️✔️✔️
➖➖➖➖➖
follow me
have a nice n wonderful day
happy chocolate day
❤️silentmunda ❤️
Similar questions