Math, asked by assassinguygameing, 3 months ago

*What is the difference between simple interest and compound interest for 2 years at the rate of 5% on Rs.1000?*

Answers

Answered by 2ritamjha2018
1

si =  \frac{p \times t \times r}{100}  \\  =  \frac{1000 \times 2 \times 5}{100}  =  10 \times 2 \times 5  \\  = 200 \\ amout = 1000 + 200 = 1200

Similar questions