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Rahul Kumar Saini s/o chhaju lal saini

· started a discussion

· 1 Months ago

shii se discribe kri

Question:
If compound interest on a certain sum for 2 years at the rate of  5% p.a. is Rs.328, the simple interest will be:
Options:
A) Rs.300
B) Rs.310
C) Rs.320
D) Rs.325
Solution:
Ans: (c)


Knowledge Expert

· commented

· 1 Months ago

Dear Student,
328/[(21/20)^2 - 1]
=328/[(441/400) - 1/1]
=328/[(441-400/400)]
=328/(41/400)
=328*400 / 41
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Rahul Kumar Saini s/o chhaju lal saini

· commented

· 1 Months ago

41 kese aaya

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