SSC CHSL Model Paper 9

Question : 30 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:

Required difference

=\PR^2/(100)^2

⇒

{4000×5×5}/{100×100}=\₹10

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