principal = 1000 rate = 8% per annum. fill in the following table and find which type of interest (simple or compound) changes in direct proportion with time period
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Answer:
SI for one year = 80rs
SI for two years = 160rs
SI for three years = 240rs
CI for one year = 80 rs
CI for two years = 166.4 rs
CI for three years = 259.712rs
SI is in direct proportion with time period
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Answer:
Simple interest in in directly proportion with respect to time period
all ratio are same =80
but in compound interest ratio are not same so CI is not directly proportional.
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