WebJan 24, 2024 · Q.4. What is the formula for the difference between SI and CI for 2 years? Ans: The formula for difference between \(S.I.\) and \(C.I.\) for \(2\) years is \(P\left(\frac{r}{100}\right)^{2}\). Q.5: What is the difference between simple interest and compound interest, for example? Ans: Let us see the difference between simple interest … WebThe difference between the amount of compound interest and simple interest accured on an amount of Rs. 2 6 0 0 0 at the end of 3 years is Rs. 2 9 9 4 . 1 3 4 .
SI and CI Practice Questions: Questions Section & Answers - Toppr
WebMar 31, 2024 · The difference in SI and CI on a certain sum of money in $ 2 $ years at $ 15\\% $ p.a. is Rs. $ 144 $ . The sum is A ... We can calculate the sum by using the formula, Sum $ = (SI - CI) \times {\left( {\dfrac{1}{R}} \right)^T ... Remember the difference between simple interest and compound interest and apply its concept accordingly ... WebApr 19, 2024 · If the simple interest for a certain sum for 2yrs at the annual rate of interest R% is SI. Then, Compound interest (CI) = SI (1+r/200) (no. of years =2) 5). If the simple interest for a certain sum for 2 yr at 5%pa is 200, then what will be the compound interest for the same sum for the same period and the same rate of interest? Solution: britney spears instagram post about mom
Difference between Compound and Simple Interest for 2 years
WebFind the difference between the simple interest and compound interest on ₹2500 for 2 years at 4% per annum, compound interest being reckoned semi-annually. View Answer … WebMar 8, 2024 · CI for 2 nd yr will not be same as 1 st yr because principal for 2 nd yr is the amount of 1 st yr. So, CI (2 nd yr) = ... Example: If the difference between CI and SI is Rs.10 and the principal is Rs.1000.Calculate the rate % per annum. Solution: difference = 10 Rs. So difference% = (10/1000)×100 = 1% WebQ3: A sum of Rs 1600 gives a simple interest of Rs 252 in 2 years and 4 months. The rate of interest per annum is: A) 6% B) 6 (1/4) % C) 6 (1/2)% D) 6 (3/4)%. Q4: Reena took a loan of Rs 1200 with simple interest for as many years as the rate of the interest. If she paid rs 432 as interest at the end of the loan period, what was the rate of the ... britney spears instagram pixwox