Question

what is the difference between the compound interest and simple interest on rupees 8000 at 15% per annum for 2 years ​

Answer 1

Answer:

We will develop a basic understanding of these two different types of interests, their uses and ... Find the Compound interest on Rs. 10000 for two years at 5% per annum.

Answer 2

Answer:

Use this formula for 2 years CI and SI difference :---

P = Diff(100/r)²

putting values we get,

8000 = Diff (100/15)²

8000 = Diff(20/3)²

Diff = 8000*3*3/20*20 = 180 (Ans)

(Mark as brainlist)