Question

simple interest on a sum of Rs 50,000 at 10% per annum for 2 years.

Answer 1

Answer:

10,000

Step-by-step explanation:

= 50,000 × 10 × 2 / 100

= 5,000 × 2

= 10,000

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Answer 2

Answer:

500

Step-by-step explanation:

SI = P X T X R /100

= 50000 X 2 X 10/100

= 10000

A = CI + P

CI = A - P

A =

$p(1 + \frac{r}{100} ) {}^{n}$

=

$50000(1 + \frac{1}{10} ) {}^{2}$

$( \frac{121}{100} )50000$

= 121 x 500

= 60500

this is amount

so ci is 60500-50000

=> 10500

so ci - si = 500

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