the simple interest on a certain sum for 3 years is rs. 225 and the compound intererst on the same sum is rs. 153
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Answer:
1875
Step by step explanation :-
the simple interest on a certain sum for 3 years is rs. 225 and the compound intererst on the same sum is rs. 153
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1
Step-by-step explanation:
Answer: S.I for 1year = 225/3 =75 S.I for 2 years = 150 Difference between S.I and C.I is 3 which is 4% of 75( S.I for 1 year) So, the rate of interest must be 4% 4% is 75 100% is 1875 ...the principle.
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