3 years ago

QUESTION :-

Mathematics

1 answer:

Galina-37 [17]3 years ago

3 0

Answer:

92000

Step-by-step explanation:

Given:

I = 5% = 0.05
t = 2 years
Let the sum is x.

Simple interest:

SI = x*2*0.05 = 0.1x

Compound interest:

CI = x*(1 + 0.05)² - x = 1.1025x - x = 0.1025x

The difference is 230:

0.1025x - 0.1x = 230
0.0025x = 230
x = 230/0.0025
x = 92000

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