Question

the simple interest on a certain sum of money for 2 years at 5 and a half percent rupees 6600 what will be the compound interest on that sum at the same rate for the same time period

Answer 1

lol I don't know but I'll get points

Answer 2

S.i.= 6600
R= 5.5%
T= 2 years
P= (S.i. × 100)/(R×t)
P=6600× 100/ 5.5× 2
P= 60000
Now for C.i.
P= 60000
R=5.5%
T= 1 year
S.i = 60000 × 5.5 × 1/100
= 3300
Amount = 60000+3300
= 63300
Amount for 1 st year = P for 2 nd year
S.i. =63300×5.5×1/100
=3481.5
Total amount = 63300+3481.5 = 66781.5
C.i. = total amount - p for 1st year
=66781.5-60000
= 6781.5
I hope it's helpful for uh