Question

Find the differences in C.I and S.I for p = Rs.5,000 r=4% p.a for n=2 years. ​

Answer 1

Answer:

C.I =P(1+r/100)^t

S.I=P*R*T/100

Step-by-step explanation:

C.I=5000(1+4/100)²

C.I=5000(104/100)²

C.I=5200²

C.I=72.11

S.I=5000*4*2/100

S.I=400

Difference

327.89.

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Answer 2

Answer:

Rs.8

Step-by-step explanation:

For 2 years,C.I-S.I=P(r/100)2

=5000×4/100×4/100

=Rs.8