Question

What is the difference between S.I. and C.I. on a sum of Rs. 4000 at 5% p.a for two years?


​

Answer 1

Answer:

20000 is answer of what is the best wishes

Answer 2

$\huge\sf\fbox\purple{ ♡ Solution ♡ }$

★ Explanation ★

For the first year, Simple Interest = Compound Interest  = 100PTR

I1 = 1004000 × 1 × 5 = 200

For the second year, simple interest remains same and compund interest will be the simple interest on new amount = 4000 + 200 = 4200

Compound Interest for second year = 1004

200 × 1 × 5 = 210

Simple Interest for second year = I 1 = 200

Difference 220 − 210 = Rs.10

PLEASE FOLL0W ME