if the simple interest on a sum of money for 6 years at 12 % per annum is rs . 700 , what is the compound interest on the same sum at the rate and for the same time ?
"sum = ( 700 * 100 ) / ( 6 * 12 ) = rs . 972.22 c . i . on rs . rs . 972.22 for 6 years at 12 % = rs . 1 , 918.99 . = rs . 1 , 918.99 - 972.22 = rs . 946.77 answer : c"
subtract(add(add(divide(multiply(divide(700, multiply(divide(12, const_100), 6)), 12), const_100), divide(700, multiply(divide(12, const_100), 6))), divide(multiply(add(divide(multiply(divide(700, multiply(divide(12, const_100), 6)), 12), const_100), divide(700, multiply(divide(12, const_100), 6))), 12), const_100)), divide(700, multiply(divide(12, const_100), 6)))