1.

If The Simple Interest On A Sum Of Money For 2 Years At 5% Per Annum Is Rs. 50, What Is The Compound Interest On The Same At The Same Rate And For The Same Time?

Answer»

SUM = Rs.(50*100)/2*5=Rs.500

Amount=Rs.[500*(1+5/100)2]

= Rs. 551.25

C.I = Rs.(551.25-500)= Rs.51.25.

Sum = Rs.(50*100)/2*5=Rs.500

Amount=Rs.[500*(1+5/100)2]

= Rs. 551.25

C.I = Rs.(551.25-500)= Rs.51.25.


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