explanation of differance between si and ci ru 15625 at 12% per annum 3 years
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si = (15625×12×3)/100 rupees
= 625 × 3 × 3. rupees
= 5625 rupees.
ci = 15625 (1+12/100)³ - 15625 rupees
= 15625 [(1+3/25)³ - 1³] rupees
= 15635 [(28/25)³ - 1] rupees
= 15635 (6327/15625) rupees
= 6327 rupees
now,
ci - si = (6,327 - 5,625) rupees
= 702 rupees.
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