Question

find the difference between c.I and s.I on rs 12000 at 9 %per annum for Years

Answer 1

Step-by-step explanation:

SI=P*t*r/100

=12000*2*9/100

=2160

CI=p(1+r/100)²-p

=12000(1+.09)²-12000

=(12000*1.1881)-12000

=14,257.20-12000

=2257.20

Difference btw CI and SI is

2257.20-2160=97.20

Answer 2

Answer:

97.20

Step-by-step explanation:

SI=p×t×r/100

=12000×2×9/100=2160

CI=p(1+r/100)²-p

=12000(1+.09)²-12000

=(12000×1.1881)-12000

=14,257.20-12000

=2257.20

Difference between CI and SI is

2257.20-2160=97.20