*What is the difference between simple interest and compound interest

1.	What is the difference between simple interest and compound interest for 2 years at the rate of 5% on Rs.1000?1️⃣ Rs. 2502️⃣ Rs. 25003️⃣ Rs. 2.504️⃣ Rs. 100
Answer» ANSWER: PLEASE mark my answer as the brainliest answer. Hope it helps you!!! (3) is the CORRECT OPTION.

What is the difference between simple interest and compound interest for 2 years at the rate of 5% on Rs.1000?1️⃣ Rs. 2502️⃣ Rs. 25003️⃣ Rs. 2.504️⃣ Rs. 100

Answer»

ANSWER:

PLEASE mark my answer as the brainliest answer.

Hope it helps you!!!

(3) is the CORRECT OPTION.

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*What is the difference between simple interest and compound interest for 2 years at the rate of 5% on Rs.1000?*1️⃣ Rs. 2502️⃣ Rs. 25003️⃣ Rs. 2.504️⃣ Rs. 100​

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What is the difference between simple interest and compound interest for 2 years at the rate of 5% on Rs.1000?1️⃣ Rs. 2502️⃣ Rs. 25003️⃣ Rs. 2.504️⃣ Rs. 100