.Write all the terms and factors of the expression: −
+
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Answer:
Given, First man: P= Rs. 6000,r=5%,n=2, Second man : P= Rs. 5000,r=8%,n=2
First man's S.I.=
100
6000×5×2
= Rs. 600
Second man's C.I.=5000[(1+
100
8
)
2
−1]
=5000[(
25
27
)
2
−1]
=5000[
625
729−625
]
=
625
5000×104
= Rs. 832
∴ Difference in interests = Rs. 832− Rs. 600= Rs. 232
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