Question

the amount on rupees 8000 at 5% per amount for three years​

Answer 1

Answer:

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Given principal amount = Rs. 8000

Time = 3yrs

Rate = 5%

C.I for 3 yrs = 8000 x 105100 x 105100 x 105100 − 8000= Rs. 1261

Now, C.I for 2 yrs = 8000 x 105100 x 105100= Rs. 820

Hence, the required difference in C.I is 1261 - 820 = Rs. 441