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CBSE Class 8 Answered

The difference between the compound and simple interest on a certain principle at 12.5%
 
Per annum for 2 years is rupees 156.25.find the sum
Asked by ajayrath7 | 19 Dec, 2017, 07:49: PM
answered-by-expert Expert Answer
begin mathsize 16px style Compound space interest space equals space straight P open parentheses 1 plus fraction numerator 12.5 over denominator 100 end fraction close parentheses squared minus straight P
Simple space interest equals straight P cross times 2 cross times fraction numerator 12.5 over denominator 100 end fraction
Difference space equals space 156.25
straight P open parentheses 1 plus fraction numerator 12.5 over denominator 100 end fraction close parentheses squared minus straight P minus straight P cross times 2 cross times fraction numerator 12.5 over denominator 100 end fraction equals 156.25
straight P open parentheses 1.125 squared minus 1 minus 0.25 close parentheses equals 156.25
Simplifying space you space get space straight P equals Rs. space 10000
end style
Answered by Sneha shidid | 20 Dec, 2017, 10:39: AM
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