Question

The difference between s.I and
c.I on rs.1200 for 1 year at 10 percentp.A reckoned half yearly is ?

Answer 1

Step-by-step explanation:

for 1 yr

si = p×r×t /100

si = 1200×10×1/100=120rupees

compound interest

ci = p(1+r/100)

ci =1200(1+10/100)

1200×11/10=1320

si-ci =1320-120=1200 ans