WebSolution: Last year interest = 2662 - 2420 = Rs 242. Therefore, Rate% = (242 * 100)/ (2420 * 1) R% = 10%. Important Formula: To find the difference between SI and CI for 2 years, we use the formula Difference = P [R/100] 2. Question 6: The difference between SI and CI for 2 years @ 20% per annum is Rs 8. WebAfter two years ratio between simple interest to principle is 2 : 5. If difference between CI and SI after two years is 208, then find principle ? 4800. 4750. 4540. 4850. 5200. Option E Let principle = 5x and SI = 2x rate of interest for two years = 2x/5x * 100 = 40% rate of interest for 1 years = 40%/2 = 20% CI – SI = PR^2/100^2 208 = P (20 ...
Difference Between Simple Interest and Compound Interest
WebClick here👆to get an answer to your question ️ Find the difference between CI and SI on the sum of 4800 Rs. for 2 years at 5. Solve Study Textbooks Guides. Join / Login. ... The difference between CI and SI on a certain sum of money for 3 years at 5 % p.a. is Rs. 122. Find the sum invested. Hard. View solution > WebSimple interest (S.I.) is the sum paid back for using the borrowed money, over a fixed period of time whereas compound interest (C.I.)is calculated when the sum principal amount … bangladesh india 2022
Relation Between Compound and Simple Interest - Embibe
WebThe difference between the compound interest and simple interest on a certain investment at 10% per year for 2 years is $631. Find the value of the investment. Solution : The difference between compound interest and simple interest for 2 years is 631. Then we have, P(R/100) 2 = 631. Substitute R = 10. P(10/100) 2 = 631. P(1/10) 2 = 631. P(1/100 ... WebThe interest on a certain sum of money is R s. 1 4 8 0 in 2 years and at 1 0 per cent per year. Find the sum of money. ... Find the difference between SI and CI at the rate of 1 2 % for 2 years on R S. 1 0 0 0 0. Medium. View solution > A certain sum of money lent out at simple interest amounts to Rs. 1,550 in three years and Rs.1,750 in five ... WebFeb 13, 2024 · Find an answer to your question the difference between CI and Si on rupees 8400 for 2 years is rupees 21 at the same rate of interest per year find the rate of … Kashishpalrecha Kashishpalrecha 13.02.2024 bangladesh in indian map