Question

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lo dilo
lipuu
4. The difference between the compound interest and the simple interest on a sum of money for
1.5 years at 12% per annum is rupees 150. Calculate the amount.
300​

Answer 1

Step-by-step explanation:

hope it helps you i think it is correct

Answer 2

Answer: 20833.33

Explanation:

Given:

Amount at the end of the year: 112

Amount at the end of the 1.5 year: 112 * 1.06

To find: Amount

As we have Simple interest of at the end of 1.5 years = 118

Difference in compound interest and simple interest = 118.72–118 = 0.72

The difference in Principal amount is = rupees 150

Therefore,

Amount = 100*150/0.72 = 20833.33

Hence, The total amount is 20833.33

Method II :

Given:

Compound Interest for 1.5 year = 18.72%

Simple Interest FOR 1.5 YEARS = 18%

We get % of 150..

Therefore,

0.72 % = 150

To find => 100%= ?

Amount= 100×150/0.72 = 20833.33