The difference between simple interest and compound interest on Rs 1200 for one year at 10 per annum reckoned half-yearly is __________
S.I = 120×10×1100 = Rs120
C.I = 1200×(1+5100)2−1200
= Rs123
Difference = 123−120 = Rs3
The difference between simple interest and compound interest on ₹ 1200 for one year at 10 per annum reckoned half-yearly is ₹ ___ .
The difference between simple interest and compound interest on ₹ 1200 for one year at 10% per annum reckoned half-yearly is
The difference between simple and compound interest on Rs. 6000 for 1 year at 20% per annum reckoned half yearly is: