The difference between C.I and S.I on a certain sum of money invested for 3 years at 6% p.ais ` 110.16. The principle is
Question
Solution 1
To find the difference between compound interest (C.I) and simple interest (S.I) on a certain sum of money invested for 3 years at 6% per annum, we can follow these steps:
Step 1: Let's assume the principal amount as 'P'.
Step 2: We know that the formula for simple interest is S.I = (P * R * T) / Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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