Difference (In Rs. ) between C.I. & S.I. on Rs. 13000 at 4 % per annum for 3 years?

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6.Interest

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Find the difference (In $Rs.$) between $C.I. \& S.I.$ on $Rs. 13000$ at $4 \%$ per annum for $3$ years?

A

$63.23$

B

$73.25$

C

$68.25$

D

$70.29$

Solution

The difference between CI and SI for 3 years

$\Rightarrow$ Difference $=\frac{ PR ^{2}(300+ R )}{(100)^{3}}$

$=\frac{13000 \times(4)^{2}(304)}{(100)^{3}}=$ Rs. $63.23($ app $x .)$

Standard 13

Quantitative Aptitude

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