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Find the difference between the simple interest and the compound interest on anamount of Rs 23,000 invested for 3 yearsan interest rate of 10% per annum.Difference = Rs| |
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Answer» ⇒ P=Rs.20,000,T=2years and R=8%.⇒ S.I.= 100P×R×T ⇒ S.I.= 10020000×8×2 ∴ S.I.=Rs.3200.⇒ C.I.=P(1+ 100R ) T −P⇒ C.I.=20,000×(1+ 1008 ) 2 −20,000⇒ C.I.=23,328−20,000∴ C.I.=Rs.3328.⇒ C.I.−S.I=Rs.3328−Rs.3200=Rs.Step-by-step EXPLANATION:mark me as brainlist PLEASE |
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