The differene between 2yr Compound interest and simple interest on a money at 5% per annum is ₹35.
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Step-by-step explanation:
CI =P×(1+R/100)²-P
P×(1+5/100)²-P
P×(105/100)²-P
P×21/20×21×20-P
P×441/400-P
441P/400-P
441P/400-400P/400
41P/400
SI=P×R×N/100
P×5×2/100
P×10/100
P/100
41P/400-P/100=35
41P/400-4P/400=35
37P/400=35
37P=35×400
P=35×400/37
P=14000/37
P=378.8
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