Question

The difference in simple interest and compound interest on a certain sum of money in 2 years at 10 percent p.a is ₹50. Find the sum (₹) ​​

Answer 1

Step-by-step explanation:

let sum=100

so

si=20

and

ci=21

now

diff=21-20=1

here

1=50(given)

so

sum=50×100=5000