the difference between S.I and C.I of 4000 for 2.5years @10%p.a is
Answers
Answer:
82
Step-by-step explanation:
For S.I.
I= (4000×2.5×10)/100
= 1000
For C.I
FOR 1ST YEAR
I=( 4000×10×1)/100
= 400
AMOUNT= 4000+400 = 4400
FOR 2ND YEAR
I=(4400×10×1)/100 = 440
AMOUNT = 4400+440=4840
FOR 3RD YEAR(HALF YEAR)
I=(4840×10×1/2)/100 = 242
AMOUNT = 4840+242= 5082
C.I.= 5082-4000
= 1082
DIFFERENCE = 1082-1000
= 82
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Step-by-step explanation:
principal = 4000
rate on interest = 10 % p. a
time = 2.5 year
first we calculate the amount for 2 year using the compound interest formula
A = p ( 1 + r/100 ) n
A = 4000 (1 + 10/100 ) 2
A = 4000 * (1.1) 2
A = 4840
we will calculate the interest on 4840 for 0.5 years @ 10%
interest = 4840 * 0.5 * 10 / 100
interest = 242
interest on first year = 400
interest on 2nd year = 440
interest on 4840 for the 0.5 more years rupees 242
total compound interest in
400 + 440 + 242 =
1082