The difference between the simple interest an | vedclass

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Question

(b) $SI =\frac{600 	imes 10 	imes 1}{100}=₹ 60$

$\begin{aligned} CI &=600\left[\left(1+\frac{10}{100 	imes 2}ight)^{2 	imes 1}-1ight] \

Vedclass · Accepted Answer

$1.5$

Vedclass · Answer

(b) $SI =\frac{600 	imes 10 	imes 1}{100}=₹ 60$

$\begin{aligned} CI &=600\left[\left(1+\frac{10}{100 	imes 2}ight)^{2 	imes 1}-1ight] \ &=600\left[\left(\frac{21}{20}ight)^{2}-1ight]=\frac{600 	imes 41}{20 	imes 20}=₹ 61.50 \end{aligned}$

$	herefore \quad$ Difference $=₹(61.50-60)=₹ 1.50$

The difference between the simple interest and the compound interest (In ₹) on ₹ $600$ for $1$ year at $10 \%$ per annum, reckoned half-yearly is

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