Q1 of 30 Page 128

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

Given: Principal (P) = Rs. 6400, Rate of Interest (R) = 12.5% and Number of years (n) = 2year

As simple interest (SI):




SI = Rs. 1600


As Amount (A):







A = Rs. 8100


As compound interest (CI),


CI = A - P


CI = 8100 - 6400


CI = Rs.1700


Difference between CI and SI is :


D = CI – SI


D = 1700 – 1600


D = Rs. 100


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