Question

which interest is greater s.i. or c.i. , if it is calculated on the same principles same rate of interest and for same duration.​

Answer 1

Answer:

Step-by-step explanation:

Dear student,

C.I is usually greater than S.I this is because it is calculated on the amount of the previous year even though they have same principal, time and rate.

Here, there is an exception for the given statement.

→If the time is for 1 year, the C.I and S.I are both same.

→Then, after 1 year C.I starts increasing more than S.I

OM NAMAH SHIVAYA

Debasish Biswal