Find the simple interest and compound interest on rupees 6250 in 2 yea – InterviewSolution

1.

Find the simple interest and compound interest on rupees 6250 in 2 years at 4 pcpa

Answer»

er:

Step-by-step explanation:

For SIMPLE INTEREST we use formula we get

Si=p×r×t/100

Si=500 ANSWER

For compound interest we use formula

A=p(1+r/n)to the POWER nt

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