Ten > Compound Interest

Asked by Basanta · 2 years ago

According to the system of annual compound interest, a sum of money in 2 years amount Rs 7260 and in 3 years it amounts to Rs 7986.

1.  Find the rate of interest.
2. Find the sum 
3. Find the difference between the annual compound amounts in 2 years and 3 years.
4.  Find the simple interest calculated after second year for next one year write relation between the simple interest and answer obtained in (3).