Question

Find the Difference between s.i. and c. I. from 13033 at 13% for 3 year

Answer 1

Answer:

S.I.=(P×R×T) by 100

=(13033×13×3) by 100

= 508287 by 100

=5082.87

So, S.I. is ₹5082.87

C.I.=P(1+R/100)^ n -1

=13033(1+13/100)^3 -1

=13033(113/100) ^3 -1

=13033×113/100×113/100×113/100 -1

=18805.2766-1

=18804.2766

So, C.I. is ₹18804.2766

Therefore, difference between S.I. and C.I. is

equal to C.I. - S.I.

=₹(18804.2766-5082.87)

=₹13721.4066

Therefore, answer--> ₹13721.4066