If the simple interest on a sum at 4% per annum for 2 years is Rs 80, then the compound interest on the same sum for the same period is-

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Solution:

⇨Given

⇨r = 4%

⇨ n= 2

⇨S.I.= 80

⇨Using Simple Interest formula

$If the simple interest on a sum at 4% per annum for 2 years is Rs 80, then the compound interest on the same sum for the same period is-$