📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    What will be the differnce between SI & CI on Rs. 20000

    for 3 years at rate of 20% per annum ?
    A Rs 310 Correct Answer Incorrect Answer
    B Rs 2560 Correct Answer Incorrect Answer
    C Rs 16320 Correct Answer Incorrect Answer
    D Rs 8125 Correct Answer Incorrect Answer
    E Rs 14850 Correct Answer Incorrect Answer

    Solution

    Difference between SI & CI for 3 years = PR2 (300 + R)/1003 = 20000 x 202 (300 + 20)/1003 =20000 x 400 x 320/1000000 = Rs. 2560

    Practice Next

    Relevant for Exams:

    ask-question