The principal if differences in its compound interest and simple interest for a period of 2 years at 4% is rupees 8 is
Answers
Answered by
2
Step-by-step explanation:
Compound interest =A−P
C.I.=P(1+100R)n−P=P[[1+10010]4−1]
C.I. =0.4641P
Simple interest, S.I. = 100PNR
S.I.=100P×10×4
S.I. =0.4P
Now .C.I − S.I. =8
⇒0.4641P−0.4P=8
⇒P=0.06418
⇒P= Rs. 124.80
Answered by
0
Answer:
Answer
Compound interest =A−P
C.I.=P(1+
100
R
)
n
−P=P[[1+
100
10
]
4
−1]
C.I. =0.4641P
Simple interest, S.I. =
100
PNR
S.I.=
100
P×10×4
S.I. =0.4P
Now .C.I − S.I. =8
⇒0.4641P−0.4P=8
⇒P=
0.0641
8
⇒P= Rs. 124.80
Step-by-step explanation:
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