Question

find the difference between simple interest and compound interest on rupees 10000 for 2 years at the rate of 5% per annum​

Answer 1

Answer:

The difference between S. I. and C. I. is ₹25

Step-by-step explanation:

A = P [1+R/100]^T

A = 10000 [1 + 5/100 ] ^2

A = 10000 [ 21/20 ] ^2

A = 10000 × 21/20 × 21/20

A = ₹11025

C. I. = A - P

C. I. = 11025 - 10000 = ₹1025

S. I. = PRT/100

S. I. = 10000 × 5 × 2 / 100

S. I. = ₹1000

Difference between C. I. and S. I. = C. I. - S. I.

Difference = 1025 - 1000 = ₹ 25

Answer 2

Answer:

Rs. 25

Step-by-step explanation:

A = $p \times (1 + \frac{r}{100} )$

A = $10000 \times(1+\frac{5}{100} )$

A = $10000 \times \frac{21}{20} \times \frac{21}{20}$

A = Rs. 11,025

C.I = 11,025 - 10,000

C.I = 1,025

S.I = $\frac{p \times r \times t}{100}$

S.I = $\frac{10000 \times 5 \times 2}{100}$

S.I = Rs. 1,000

Difference = 1,025 - 1,000

Difference = Rs. 25