The simple interest of two years on a certain sum at 5% per annum is rs. 3200, then what will be the compound interest after 3 years at the same rate from the annual compound interest?.
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soory dude I can not answer because I have forgot simple interest and compound interest
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Rate of interest 5 %=1/20
Let principal=(20)2= 400 units
Toal interest = 41 units - Rs. 328
1 unit - Rs. 8
400 units - Rs. 3200
Principal = Rs. 3200
hope help u mate ✌
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