if x is invested in a bank at a rate of simple interest of y % p . a . for two years , then the interest earned is 500 . if x is invested at y % p . a . , for two years when the interest is compounded annually , the interest is 512.50 . what is the value of x ?
"simple way to solve this question is to use options . from si , we know that x * y = 25,000 . now , put the value of x = 5000 , we will have y = 5 % to calculate ci , now , we know 1 st year amount = 5000 + 5 % of 5000 = 5250 . 2 nd year , amount = 5250 + 5 % of 5250 = 5512.50 . we can see after 2 years interest = 5512.50 - 5000 = 512.50 hence , it satisfies the question . hence c is the correct answer"
divide(power(divide(500, const_2), const_2), subtract(512.50, 500))