The Compound Interest On A Sum Of Money For 2 Years Is Rs.832 And The

1.	The Compound Interest On A Sum Of Money For 2 Years Is Rs.832 And The Simple Interest On The Same Sum For The Same Period Is Rs.800 .the Difference Between The Compound Interest And Simple Interest For 3 Years?
Answer» difference in C.I and S.I in 2YEARS =RS.32 S.I for 1year =Rs.400 S.I for Rs.400 for one year =Rs.32 RATE=[10032)/(4001)%=8% difference between in C.I and S.I for 3rd year =S.I on Rs.832= Rs.(83281)/100=Rs.66.56 difference in C.I and S.I in 2years =Rs.32 S.I for 1year =Rs.400 S.I for Rs.400 for one year =Rs.32 rate=[10032)/(4001)%=8% difference between in C.I and S.I for 3rd year =S.I on Rs.832= Rs.(83281)/100=Rs.66.56

The Compound Interest On A Sum Of Money For 2 Years Is Rs.832 And The Simple Interest On The Same Sum For The Same Period Is Rs.800 .the Difference Between The Compound Interest And Simple Interest For 3 Years?

Answer»

difference in C.I and S.I in 2YEARS =RS.32

S.I for 1year =Rs.400

S.I for Rs.400 for one year =Rs.32

RATE=[100*32)/(400*1)%=8%

difference between in C.I and S.I for 3rd year

=S.I on Rs.832= Rs.(832*8*1)/100=Rs.66.56

difference in C.I and S.I in 2years =Rs.32

S.I for 1year =Rs.400

S.I for Rs.400 for one year =Rs.32

rate=[100*32)/(400*1)%=8%

difference between in C.I and S.I for 3rd year

=S.I on Rs.832= Rs.(832*8*1)/100=Rs.66.56