Math, asked by gagansharma10204, 5 months ago

the diffrence between compound interest ans simple interest at 5 percent per annum in 2 years is 30 find the sum​

Answers

Answered by mamathathallapelli52
0

Answer:

ANSWER

Let the sum =P

Simple Interest for three years =P×

100

5

×10=0.15P

CI=P(1+

100

5

)

3

−P

=P(1.05)

3

−P

1.15763P−P=0.15763P

Difference between compound interest and simple interest

CI−SI=0.51763P−0.15P

=0.00763P

0.00763P=76.30

P=10,000.

Step-by-step explanation:

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