Difference between S.I. and C.I. (In Rs. ) at 12 % for 2 year on Rs. 10000

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6.Interest

medium

Find the difference between $S.I.$ and $C.I.$ (In $Rs.$) at $12 \%$ for $2$ year on $Rs. 10000$

A

$169$

B

$12$

C

$144$

D

$24$

Solution

Difference between SI and CI for 2 years $=\frac{P R^{2}}{(100)^{2}}$

$\Rightarrow$ Difference $=\frac{(10000)(12)^{2}}{(100)^{2}}=$ Rs. 144

Standard 13

Quantitative Aptitude

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