Find the difference between C.I. and S.I on a sum of Rs.8000 at the rate of 5% p.a.
compounded annually for 2 years.
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Step-by-step explanation:
the difference between ci and si on same sum of rs 8000 for 2 years ... Find the rate of interest? ... P = Rs. 8000, n = 2 years, Compound Interest - Simple Interest = Rs. 20 ... years at 10%per annum, the interest being compounded annually. ... on a sum of money for 2years at 10% p.a. is rupees 1700
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