find the difference between Si and Ci on rs9500 for two years at 8%p.a
Answers
Answered by
1
Answer:
60.80rs
Step-by-step explanation:
9500*64/10000
=6080/100
=60.80
Answered by
4
Answer:
60.8
Given,
Sum = 9500, Rate of interest = 8%, Time = 2 years.
Find,
Difference between SI and CI.
Solution,
The difference between the S I and CI for 2 years is given by,
Sum * (r/100)^2
=> 9500 * (8/100)^2
=> 9500 * 0.0064
=> 60.8
Result,
Difference between SI and CI = 60.8
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