1.

Find the difference in C.I and S.I for P = ₹ 10,000, r = 4% p.a, n = 2 years.

Answer»

C.I – S.I = P(r/100)2 

= 10,000(4/100)2

= 10,000 x 4/100 x 4/100 

= ₹ 16



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