Q1 of 30 Page 128

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

Given: Principal (P) = Rs. 10000, Rate of Interest (R) = 10% and Number of years (n) = 2year

As simple interest (SI):




SI = Rs. 2000


As Amount (A):





A = Rs. 12100


As compound interest (CI),


CI = A - P


CI = 12100 – 10000


CI = Rs.2100


Difference between CI and SI is :


D = CI – SI


D = 2100 – 2000


D = Rs. 100


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