Q1 of 30 Page 128

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

Given: Principal (P) = Rs. 16000, Rate of Interest (R) = and Number of years (n) = 3year

As simple interest (SI):




⇒ SI = Rs. 6000


As Amount (A):







⇒ A = Rs. 22781.25


As compound interest (CI),


CI = A - P


CI = 22781.25 - 16000


⇒ CI = Rs.6781.25


Difference between CI and SI is :


D = CI – SI


⇒ D = 6781.25 – 6000


⇒ D = Rs. 781.25


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