The simple interest on a certain sum of 2 years at 12% per annum is Rs. 2100. Find the corresponding compound interest.
Answers
Answered by
4
Step-by-step explanation:
Rate of interest 5 %=120
Let principal=(20)2= 400 units
Toal interest = 41 units - Rs. 328
1 unit - Rs. 8
400 units - Rs. 3200
Principal = Rs. 3200
Part of solved Simple and compound interest questions and answers : >> Aptitude >> Simple and compound interest
Similar questions