Question

the difference between s.i. and c.i. on rs.60 for 1 year at 10% p.a, reckoned half yearly is ?​

Answer 1

Answer:

Difference between SI and CI = 0.5

Step-by-step explanation:

SI = PRT/100

P = 60

R = 10%

T = 1

SI = 60 × 10 × 1/100

SI = 6

Amount = 66

CI = P(1+R/100)∧T

Half yearly = P = 60

R = 10/2 = 5%

T = 1 = 2

60(1+5/100)²

60 × 105/100 × 105/100

Amount = 66.5

Interest = 6.5

Difference between interest = 6.5 - 6 = 0.5

Difference between amount  = 66.5 - 66 = 0.5

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