MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Formula for CI

What is the s...

Question

What is the sum of money on which the difference between CI and SI in 2years is Rs.15 at the interest of 50percent p.a

Open in App

Solution

Trick:-
CI-SI=p×(r/100)^2
15=p×50/100×50/100
P=60
Sum of money=60

Suggest Corrections

thumbs-up

0

Similar questions

If the difference between CI and SI on the sum of money for 2years is 1percent Of the sum of money. Find the rate of interest.

Q. The difference in SI and CI on a certain sum of money in 2 years at

15 % p . a .

is Rs. 144. The sum is

Q. A sum of money was lent at simple interest

at 11% p.a. for 3 \frac{1}{2}

years and 4 \frac{1}{2} years

respectively. If the difference in interests for two period was Rs. 412.50, the sum is:

Q. The difference between CI and SI on a certain sum of money at

6 \frac{2}{3} %

3

46

. Find the sum.

Q. If the difference between SI and CI on a certain sum of money for

3

10

% per annum, is Rs.

15.50

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Deducing a Formula for Compound Interest

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Standard VIII Mathematics

Join BYJU'S Learning Program

CrossIcon