The difference between CI and SI for 3 years at 10% per annum is rupees 62. find the sum. No spam, please..

» 2,000

Step-by-step explanation:

Given :

CI - SI difference for 3 years = Rs. 62

Rate = 10%

Time = 3 years

Formula used :

CI - SI =

Calculation:

CI - SI =

⇒ 62 =

⇒ 62 =

⇒ P = (62) × ( × ()

⇒ P = 2,000

∴ The required sum is Rs. 2,000.

The sum (Principle) is Rs.2000.

Step-by-step explanation:

Given :

To Find :

Using Formulas :

Solution :

Here, the difference between the compound interest and simple interest is 62. So,

Substituting all the given values in the formulas.

Hence, the sum (Principle) is Rs.2000.

597

step-by-step explanation: