If the simple interest on a sum at 4 % per annum for 2 years is rs 80 , then the compound interest on the same sum for the same period is
If the simple interest on a sum at 4 % per annum for 2 years is rs 80 , then the compound interest on the same sum for the same period is
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Step-by-step explanation:
Simple interest on a sum of 4% per annum for 2 years is Rs. 80. The compound interest on the same sum for the same period is? 81.6Rs.