Mathematics · Interest
The difference between simple interest and compound interest on ₹ P at R% p.a. for 2 years is represented by which of the following formulas?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1P(R/100)2✓
- 2(PR/100)2
- 32PR/100
- 4PR/10000
Correct answer
P(R/100)2
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