find the difference between ci and si on 800 rs at 5%pa for 2 years
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Answer:
C.I. = Rs 133.12
S.I. = Rs 128
Step-by-step explanation:
principle = rs800 , rate= 8% , time = 2years
S.I. = (p*r*t)/100
(800*8*2)/100 = rs 128
C.I.= p(1+(r/100))^n -p
800*(1+(8/100))^2 -p =(800*(108/100)*(108/100)}-800
(23328/25)-800 = Rs (3328/25) or Rs 133.12
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