The difference between simple interest and compound interest on rs.1200 for one year at 10% per annum reckoned half-yearly is ;
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20
S.I
= Rs.(1200x10x1/100)
= Rs.120.
C.I
= Rs[(1200x1+5/100)² -1200]
= Rs.123.
Difference
= Rs.[123-120]
= Rs. 3.
Hope this will help you
mark as brainlest
= Rs.(1200x10x1/100)
= Rs.120.
C.I
= Rs[(1200x1+5/100)² -1200]
= Rs.123.
Difference
= Rs.[123-120]
= Rs. 3.
Hope this will help you
mark as brainlest
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5
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