The difference between the compound interest and simple interest on Rs x at 8 per annum for 2 years ...........

Quantitative Aptitude (CGL) Compound Interest

The difference between the compound interest and simple interest on Rs x at 8% per annum for 2 years is Rs19.20. What is the

value of x?

This questions was previously asked in

SSC CGL 10 June 2019 Shift-2

2,500

3,200

2,800

3,000

It will directly solved by formula which is; CI-SI = $_{100^{2}}^{PR^{2}}$
CI-SI=19.20 , R =8% , P=?
19.20= $_{100\times 100}^{P\times 8\times 8}$

$P= _{64}^{\left (19.20\times 100\times 100 \right )} = 3000$

P= 3000

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