find the differance between si and ci on ru 15625 at 12% per annum 3 years
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S.I. = ( P x R x T ) / 100
= ( 15625 x 12 x 3 ) / 100
= 625 x 3 x 3
= 5625
C.I. = P ( 1 + R / 100 ) ^T
= 15625 ( 1 + 12 / 100 ) ^3
= 15625 ( 100 + 12 / 100 ) ^3
= 15625 ( 112 / 100 ) ^3
= 15625 x 112 / 100 x 112 / 100 x 112 / 100
= 7 x 28 x 112
= 21956
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