Find the difference between s I and C.I on 6000 at 8.% p.a on 2 years�

1.	Find the difference between s I and C.I on 6000 at 8.% p.a on 2 years
Answer» HELLO Frnd Given as PRINCIPAL = 32000 Rate = 12% Time = 3 yrs SIMPLE INTEREST as we know SiMple interest = P × R × T = 32000 × 12/100 × 3 = 11520 Now Compound Interest As we know Compound Interest = AMOUNT - Principal = 44928 - 32000 = 12928 Now DIFFERECE between Compound Interest and Simple Interest Difference = C I - S I = 12928 - 11520 = ₹ 1408 hope it helps

Find the difference between s I and C.I on 6000 at 8.% p.a on 2 years

Answer»

HELLO Frnd

Given as

PRINCIPAL = 32000

Rate = 12%

Time = 3 yrs

SIMPLE INTEREST

as we know

SiMple interest = P × R × T

= 32000 × 12/100 × 3

= 11520

Now Compound Interest

As we know

Compound Interest = AMOUNT - Principal

= 44928 - 32000

= 12928

Now DIFFERECE between Compound Interest and Simple Interest

Difference = C I - S I

= 12928 - 11520

= ₹ 1408

hope it helps

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Find the difference between s I and C.I on 6000 at 8.% p.a on 2 years​

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Find the difference between s I and C.I on 6000 at 8.% p.a on 2 years