The difference between the SI and CI at the Rate of 10% for 2 years is ₹1. What is the Principal?
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difference = 1 % = 1 rs
100% principal = 1 × 100 = 100 will be the answer.
here , si = 20 %
CI = 21 %
difference= CI - si = 21-20 = 1 %
100% principal = 1 × 100 = 100 will be the answer.
here , si = 20 %
CI = 21 %
difference= CI - si = 21-20 = 1 %
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