RRB Assistant Loco Pilot and Technician Model Paper 9 with solutions

Question : 4 of 100

Marks: +1, -0

The difference between C. I. (Compound Interest) and S.I. (Simple Interest) on a sum of ₹ 4,000 for 2 years at 5% p.a. payable yearly is

Solution:

(b) Required difference =

{\PR^2}/(100)^2

⇒

{ 4000 × 5 × 5 } /{ 100 × 100 }

= ₹ 10

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