Question

find the difference between CI and sI on Rs 45000 at 12%! per annum for 3 years.​

Answer 1

Answer:

Solution

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As per question,

SI=100P×R×T=10045000×12×=Rs. 27000

Cl=A−P

Where,

A=P(1+100R)T=45000(1+10012)5=45000(2528)5=Rs. 79200

Cl=79200−45000=34200

Also, difference between SI and Cl

=34200−27000=Rs. 7200

Step-by-step explanation:

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