CTS
Company
Numerical Ability
Simple & Compound Interest
Find out Difference between SI and CI if p=1000000 r=4% ant t=3 yr?
Read Solution (Total 5)
-
- p=1000000, r=4% annual , t=3 yr
SI = p*r*t/100 = 1000000*4*3/100 = 120000
CI = p[(1+ r/100)^t -1] = 1000000[(1+ 4/100)^3 -1] = 124864
difference = CI - SI = 124864 - 120000 = 4864 - 10 years agoHelpfull: Yes(9) No(3)
- SI= Rs. 1120000
CI= Rs. 1124864
difference= Rs. 4864 - 10 years agoHelpfull: Yes(2) No(0)
- we know that c.i=p+s.ithen its vale isp=1000000
- 10 years agoHelpfull: Yes(1) No(0)
- Diff between S.I and C.I is P(R/100)^n
So Value will be-> 1000000(4/100)^3
=1000000*64/1000000
=64(Ans)
- 10 years agoHelpfull: Yes(1) No(1)
- Sorry Yaar! It will be 4864.
- 10 years agoHelpfull: Yes(0) No(0)
CTS Other Question