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The difference between simple interest and compound interest on a Rs 1500 for 2 years at 10% per annum |
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Answer» Step-by-step EXPLANATION: PRINCIPAL =Rs.1500 Rate=10% Time=2years Formula: A=P(1+R/100)^t A=1500(1+10/100)^2 after solving: A=1500(11/10)^2 A=1500×121/100 Amount=Rs.1815 *CI=A-P =1815-1500 =Rs.315 *SI=PRT/100 =1500×10×2/100 SI=Rs.300 Difference between CI and SI= CI-SI =315-300 =Rs.15 *Hope this HELPS!* |
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