Quant Question Of The Day: 237
If the difference between SI and CI for 2 years is 36 Rs at the rate of interest of 12% per annum, then find the principle invested.
If the difference between SI and CI for 2 years is 36 Rs at the rate of interest of 12% per annum, then find the principle invested.
Solution: on principle of 100 and 12% interest rate SI = 100*12*2/100 = 24 CI = 100(1.12)^2-100 = 25.44 Differecne is 1.44 when principle is 100 so when difference is 36, then p = 100*36 /1.44 = 2500
New Question: Coordinate Geometry
good information
By Những dòng bồn cầu thông minh ... , 8 months ago
0 comments