Question

Find the difference in C.I and S.I for i) P=Rs.5000, r=4% p.a, n=2 years ii) P=Rs.8000, r =5% p.a, n=3 years​

Answer 1

Answer:

8 is the correct answer

Step-by-step explanation:

Si=P ×R× N/100

=5000 ×4 ×2 /100

=40000 /100

= 400

A = P(1+R/100)^N

= 5000 (1+4/100)^2

= 5000(1+1/25)^2

= 5000 (26/25)^2

= 5000× 26/25 ×26/25

= 8× 26× 26

= 5408

CI = A-P

= 5408 - 5000

= 408

CI - SI = 408 - 400

= 8

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Answer 2

Answer:

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Step-by-step explanation:

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