Q1 of 30 Page 128

Write the proper numbers in the blanks in the table below.

Given: Principal (P) = Rs. 8000, Rate of Interest (R) = 10% and Number of years (n) = 2year

As simple interest (SI):




⇒ SI = Rs. 1600


As Amount (A):





⇒ A = Rs. 9680


As compound interest (CI),


CI = A - P


CI = 9680 - 8000


⇒ CI = Rs.1680


Difference between CI and SI is :


D = CI – SI


⇒ D = 1680 – 1600


⇒ D = Rs. 80


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Write the proper numbers in the blanks in the table below.

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Write the proper numbers in the blanks in the table below.