Gujarati
Hindi
6.Interest
easy

On a certain sum of money, the simple interest for $2$ years is ₹ $200$ at the rate of $7 \%$ per annum. Find the difference in $C I$ and $S I .$ (In ₹)

A

$7$

B

$9$

C

$11$

D

None of these

Solution

(a) We have,

$CI – SI =\frac{R \times SI }{200}=\frac{7 \times 200}{200}$

[Here, $R=7$ and $S I=200]$

$=₹ 7$

Standard 13
Quantitative Aptitude

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