what is the difference between simple interest and compound interest for 2 years at the rate of 5 percent on rs.1000?
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Answered by
0
Answer:
SI PRT
compound interest i don't know
Answered by
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Answer:
si=1000×2×5/100=100
ci=1000(1+5/100) 2-1000
=102.5
difference=ci-si
=102.5-100
=2.5 rupees
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