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Q85) The simple interest on a sum of Rs. 4800 for 2 years is Rs.768. What will be the compound interest on the same sum at the same rate and for the same period.(A) Rs. 870.75 (B) Rs. 920.69(C) Rs. 798.72 (D) Rs. 884.20​

Answer»

________________________________The SIMPLE intrest of a SUM of RS 4800 for 2 years is Rs 768 what will be the COMPOUND intrest on the same sum at the same rate and for the same period.(C) Rs. 798.72Principal, P = Rs. 4800Time = 2 yearsInterest = Rs. 768Find the Compound Interest. ✍️Simple Interest formula :-✍️Compound Interest formula :-✧ So, The compound Interest = Rs.798.72.___________________________________



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