What is the difference between the compound interest and simple interest on rupees 8000 at 15% per annum for 2 years
Answers
Answered by
2
ci
8000(1+15/100) power 2
8000(23/20)(23/20)
10580
10580-8000
2580
si
8000(15)(2)/100
2400
difference
2580-2400
180
ans
8000(1+15/100) power 2
8000(23/20)(23/20)
10580
10580-8000
2580
si
8000(15)(2)/100
2400
difference
2580-2400
180
ans
Similar questions