1.

the difference between compound interest and simple interest on a certain sum at 9% for 2 years is rupees 324 find the sum​

Answer»

Answer:

P = Rs.40,000

Step-by-step EXPLANATION:

C.i. - S.i. = 324

P{(1+i)^N - 1 - nr/100} = 324

P { (1.09)^2 - 1 - 2×9/100} = 324

P (1.1881 - 1 - 0.18) = 324

0.0081P = 324

P = 324/0.0081

P = Rs.40,000



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