Question

Please help me to solve the 12th sum​

Answer 1

IN SIMPLE INTEREST,

P=10000
R=6%
TIME=2 YEARS
$si = \frac{p \times r \times t}{100}$
$si = \frac{10000 \times 6 \times 2}{100}$

si=1200rs

DURING COMPOUND INTEREST,

P=10000
R=6%
TIME=2YEARS

$ci = p( 1 + \frac{r}{100} ) ^{2} - p$
$ci = 10000( \frac{100 + 6}{100} ) ^{2} - 10000$
$ci = 10000( \frac{106}{100} ) ^{2} - 10000$
ci=1,236rs
excess amount=1236-1200
=36rs