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Raju lent rupess 2000 at compound interest at 10 percent payable half yearly.Find the difference in the interest received by raju and prasant at end of 1 year |
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Answer» CasePrincipal = 2000Rate = 10% p.a.A = P ( 1 + r)n 100A= 2000[ 1 + 10/100]1 = 2000 * 110/100 = 2200 Prashant's CasePrincipal = 2000Rate = 10% p.a. or 5% half - yearlyA = 2000 (1 + 5/100)2-no. of half years = 2000 * 105/100 * 105//100 =2205The Difference2205 - 2200 = 5 rupees .Hope this will HELP you MARK me as a Brainliest. |
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