Question

find the difference between SI andCI onRs12000at9%per annum for 3 year​

Answer 1

Answer:

First , we will calculate the SI = 12000*9*2 /100 = 2160 .

Now, CI = Amount -P

Amount = 12000(1+9/100)^2 = 12000* 109/100 *109/100 = 14257.20

CI = 14257.20-12000 = 2257.20

Difference between CI and SI = 2257.20 - 2160

= 97.2

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Answer 2

SI = 12000×9×3/100= 3240/-Ans