Question

The difference between Compound interest and Simple interest
on a sum of RS 4000for 2 years at 10% find interest
​

Answer 1

Answer:

800rs.

Step-by-step explanation:

check the pic for step by step explanation

Answer 2

$Answer \: - \\ P = 4000 \\ R = 10\% \\ T = 2 \: years \\ Simple \: Interest = \: \frac{PRT}{100} \\ = \frac{4000 \times 10 \times 2}{100} \\ = Rs. 800 \\ \\ Compound \: Interest\: A \: = P \times (\frac{1 + R}{100})^{t} \\ = 4000 \times (\frac{1 + 10}{100})^{2} \\ = 4000 \times \frac{11}{10}^{2} \\ = 4000 \times \frac{121}{100} \\ = Rs. 4840 \\ \\ C.I = A - P \\ = Rs. 4840- Rs. 4000 \\ = Rs. 840 \\ \\ Difference \: between \: Compound \: Interest \: \\ and \: Simple \: Interest \: is \: Rs. 840 - Rs. 800 = \\ Rs. 40.$