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Question

What is difference between C.I. and S.I. of Rs.12000 on 5% per annum for 2 years?
  1. 13,800
  2. 30,100
  3. 25,200
  4. 40,100

A
13,800
B
25,200
C
30,100
D
40,100
Solution
Verified by Toppr

SI=p×t×r100

=12000×5×2100

=1200

CI=p(1+r100)2p

=12000(1+0.5)212000

=12000(2.25)12000

=15000

Difference between CI and SI =150001200

=13800

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