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For a sum of money 'P' invested for two years at 4% p.a., given that the difference between CI&SI is Rs.200
∴200=P(4)2
1002
⇒200=P(4×4)
100×100
⇒50×25×100=P
⇒P=Rs.1,25,000
Hence, the answer is Rs.1,25,000.
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Answer:
12500
Step-by-step explanation:
Formula
Difference = Sum(r/100)^year
or, 200 = Sum × (4/100)^2
or, 200 = Sum × 16/10000
or, Sum = 200 × 10000/16
or, Sum = 200 × 625
or, Sum = 12500
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