The difference between simple interest earned by Hindu and Helen is Rs. 48 on Rs. 12000 for 2 years. What is the difference in the rate of simple inter- charged
Answers
Answered by
0
Answer:
∴S.I.=
100
P×R×T
=
100
1200×10×1
= Rs. 120
For C.I. reckoned half yearly, P= Rs. 1200,r=5% per half year, n=2 half year
∴ C.I. = Rs. (1200(1+
100
5
)
2
−1200) = Rs. ((1200×
20
21
×
20
21
)−1200)
= Rs. 1323− Rs. 1200= Rs. 123
∴ Required difference = Rs. 123− Rs. 120= Rs. 3
Answered by
0
Answer:
2%
Step-by-step explanation:
R=I*100/P*T
R=48*100/12000*2
R=2%
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