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1). Rs. 2002). Rs. 2403). Rs. 2204). Rs. 190 |
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Answer» Let the principal be Rs. P. Simple INTEREST = (Principal × Rate × Time)/100 = (P × 10 × 2)/100 = 0.2P = 4000 ∴ P = Rs. 20000 C’I at the same rate for same period = Principal{(1 + Rate%)Time - 1} = 20000 {(1 + 0.1)2 - 1} = 20000{1.21 - 1} = 4200 Difference in interests = Rs. (4200 - 4000) = Rs. 200 |
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