Question

Q.46) The difference between the compound and simple interests on an

amount P at r % p.a. for one year is Rs. ________.

a) × (100− 1)
b) 0

c) 100

d) r – 1​

Answer 1

Answer:

Compound interest = Amount − Principal

C.I.=P(1+

100

R

)

n

−P=P[[1+

100

14

]

2

−1]

C.I.=0.2996P

Simple interest, .S.I. =

100

PNR

S.I.=

100

P×14×2

S.I. =0.28P

Now C.I. − S.I. =100

⇒0.2996P−0.28P=100

⇒P=

0.0196

100

⇒P= Rs. 5102

Step-by-step explanation:

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