Math, asked by shyam86654, 9 months ago

what is the difference of the compound interest and the simple interest on Rs14000 at the intrest rate of 10%per annum for 2 years

Answers

Answered by bhati35

1

Answer:

SI= p*r*t/100

=14000*10*2/100 =2800

Amount= P(1+R/100)^T

=14000(1+10/100)^2

=14000*11/10*11/10

=16940

CI=Amount-Principle

=16940-14000=2940

CI-SI= 2940-2800=140

Step-by-step explanation:

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