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Suppose for the principal P,rate R% and time 1, the simple interest S and compound Interest is c
Consider the possibilities.
(0) C>S (11) C = S (UN) C<S
Then
1) only (l) is correct.
2) elther (i) or (ii) is correct.
3) elther (l) or (iii) is correct.
4) only (iii) is correct.
Answers
Answered by
1
Answer:
Case 1. C>S
This is possible if interest is compounded quarterly or half-yearly.
Case 2. C=S
This is possible if interest is compounded yearly.
Case 3. C<S
It can not be true because simple interest cannot be greater than compound interest.
Hence, Option B is correct option.
Answered by
1
Answer:
2
Step-by-step explanation:
For one year Simple interest and compound interest can be same or compound interest is great than Simple interest . So option 2 is correct.
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