WebMar 24, 2024 · CI = A - P where A = SI = (P×R×T)/100; Let, D = CI for 3 years - SI for 3 year , The above formula is applicable only in the following conditions::----1. The principal in simple interest and compound interest must be same. 2. Rate of interest must be same in simple interest and compound interest. 3. 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 ...
CI With A Fractional Rate: Solved Examples & Practice Questions
WebBut we need to find a compound interest that Abhay earned in these three years. So, the interest will be, CI = A – P. Where A is the total amount and P will be the principal amount. Here A is Rs. 2592 and P are Rs. 1500. Putting these values in the above formula the result will be, A = 2592 – 1500. A = 1092. 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 Bookmark Now Find the amount and the compound interest on ₹2000 in 2 years if the rate is 4% for the first year and 3% for the second year. how many people are living with dementia
[Solved] If the difference between CI and SI for 3 years at
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% WebOct 30, 2024 · Difference between CI and SI for 3 years (D) = P ($\frac{r}{100})^2$ ($\frac{r}{100}$ + 3) Note : Remember, SI and CI for one year on the same sum and at … 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 … how can i check all my subscriptions