Question

The simple interest on certain sim of money for 3 yr at8%. Per Annum
is half the compound interest 8000 for2 yr at 10% find the sun on simple interest

Answer 1

Step-by-step explanation:

a= p( 100+ r/100) n

4000(100+10/100)2

4000(110/100)2

a=4840

ci=4840-4000

=840

si=1/2ci=1/2×840=420

time=3yr,rate=8%

p=?

si=p×r×t/100

420=p×8×3/100

p=420×100/24

p=1750

i think it will help you

Answer 2

Hope it helps you my dear mate