CBSE Class 8 Answered
if the compound interest on a sum for 2 years at 12 1/2% per annum is rs 510 the simple interest on the same sum at the same rate for same period of time is
Asked by nimeetdhir149 | 08 Feb, 2019, 04:01: PM
Expert Answer
Here, n = 2 years , r = 12% = 12. 5% and Compound Interest = Rs. 510
We know that, Compound Interest = A - P
P = 1920 , n = 2 and r = 12. 5%
Answered by Yasmeen Khan | 08 Feb, 2019, 05:08: PM
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