Q. 215.0( 4 Votes )

Simple interest o

Answer :

S.I = Rs.5200


Rate of simple interest =


time = 2 years


Let principal = Rs. P


so, by formula


=


=


Hence,


Principal = Rs. 40000


now,


Rate of compound interest =


Time = 2 years


so,


compound interest =


compound interest


compound interest = 45369 – 40000 = Rs.5369


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

Find the amount aRS Aggarwal - Mathematics

A scooter is bougRS Aggarwal - Mathematics

The sum that amouRS Aggarwal - Mathematics

The difference beRD Sharma - Mathematics

The annual rate oRS Aggarwal - Mathematics

Find the amount aRS Aggarwal - Mathematics

Find the amount oRS Aggarwal - Mathematics

Fill in the blankRS Aggarwal - Mathematics

The compound inteRS Aggarwal - Mathematics