the difference between compound interest and simple interest on a cert

1.	the difference between compound interest and simple interest on a certain principal for 3 years at 10% per annum is Rs 93 find the principal
Answer» <P>Answer: 3000 Step-by-step explanation: formula for 3 year's P(r/100)^2(3+r/100) P(10/100)^2(31/20)= 93. on SOLVING we get P= 3000

the difference between compound interest and simple interest on a certain principal for 3 years at 10% per annum is Rs 93 find the principal

Answer»

<P>Answer:

3000

Step-by-step explanation:

formula for 3 year's

P(r/100)^2(3+r/100)

P(10/100)^2(31/20)= 93. on SOLVING we get P= 3000

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the difference between compound interest and simple interest on a certain principal for 3 years at 10% per annum is Rs 93 find the principal​

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the difference between compound interest and simple interest on a certain principal for 3 years at 10% per annum is Rs 93 find the principal