The difference between simple interest and compound interest on a certain principal for a 4 years at 10% p.c.p.a. Is ₹1282 find the principal
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difference between SI and CI = 1282
time. =4 year
rate of interest. =10%
principal. =?
let principal be p
SI =p*r*t/100
si=p*10*4/100
si=2/5p
ci=p(1+r/100)n
ci=p(1+10/100)4
ci=22/5p
ci-si=1282
22/5p--2/5p=1282
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