The difference between simple interest and co | vedclass

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Question

(c) We have,

$CI - SI =P\left(\frac{R}{100}ight)^{2}=1250\left(\frac{4}{100}ight)^{2}$

[Here, $P=1250$ and $R=4]$

$=\frac{1250}{15 	imes

Vedclass · Accepted Answer

$2$

Vedclass · Answer

(c) We have,

$CI - SI =P\left(\frac{R}{100}ight)^{2}=1250\left(\frac{4}{100}ight)^{2}$

[Here, $P=1250$ and $R=4]$

$=\frac{1250}{15 	imes 25}=₹ 2$

The difference between simple interest and compound interest (In ₹) on ₹ $1250$ for $2$ years at $4 \%$ $p.a.$ is

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