Business Studies, asked by SHRITIjha, 1 year ago

the difference between the SI and CI on rs 1250 for 2 yrs at 8 percent per annum will be

Answers

Answered by Saakshi01
8
hey...here's ur answer,

SI =( 1250 ×8 ×2) /100 = 200

CI = 1250 ( 1 + 8/100)२ - 1250

= 280.

therefore ,
difference in SI and CI
208 -200 = 8 Rs.


hope it might be helpful.☺☺☺☺
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