find the difference between ci and si on sum 4800 for 2 year at 5%per annum payable yearly
Answers
Answered by
93
CI = 4800 (1+5/100)^2-4800
CI = 4800×105×105/100×100 -4800
CI =5292-4800 =492.
SI = 4800 ×5 ×2/100
SI= 480
difference = 492-480=12
CI = 4800×105×105/100×100 -4800
CI =5292-4800 =492.
SI = 4800 ×5 ×2/100
SI= 480
difference = 492-480=12
Answered by
90
Hey...
P = 4800₹
R = 5% p.a.
T = 2 Years
So,
A = P(1+r/100)^n = 4800(1+5/100)^2 = 4800×21×21/400 = 12×441 = 5292₹
So, CI = A - P = 5292 - 4800 = 492₹
Now, SI = PRT/100 = 4800×5×2/100 = 48×10 = 480₹
So the difference between CI and SI = 492 - 480 = 12₹
Thankyou buddy.
HOPE it helps U. :-)
P = 4800₹
R = 5% p.a.
T = 2 Years
So,
A = P(1+r/100)^n = 4800(1+5/100)^2 = 4800×21×21/400 = 12×441 = 5292₹
So, CI = A - P = 5292 - 4800 = 492₹
Now, SI = PRT/100 = 4800×5×2/100 = 48×10 = 480₹
So the difference between CI and SI = 492 - 480 = 12₹
Thankyou buddy.
HOPE it helps U. :-)
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