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On what sum ofof moneythe differences between theCombaund Interest andsimple Interest for two yearsbe equal to 25 if therate of interest Charged for both is 5% |
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Answer» Step-by-step EXPLANATION: Let the principal be Rs. P Given : R=5%,T=24 years C.I. for 2 years =P(1+ 100 5
) 2 −P S.I. for 2 years = 100 P×5×2
= 10 P
∵ DIFFERENCE between C.I. and S.P. = Rs. 25 P(1+ 100 5
) 2 −P− 10 P
=25 400 441P
− 10 11P
=25 400 441P−440P
=25 P=10,000 Hence, the principle should be Rs. 10,000 Pls MARK me as brainlist... |
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