# On what sum the difference between the compound interest and simple interest for 2 years at 5\% per annum is rupees 25?

## On what sum the difference between the compound interest and simple interest for 2 years at 5\% per annum is rupees 25?

On what sum the difference between the compound interest and simple interest for 2 years at 5\% per annum is Rs25. 10000 रु. The difference between the simple interest and the compound interest for 2 years at the rate of 5\% per annum is Rs. 100.

What is the difference between the compound interest and simple interest for the sum of?

The major difference between compound and simple interest is that simple interest is based on the principal of a deposit or a loan whereas compound interest is based on the principal and interest that accumulates in every period of time.

What is the difference between simple interest and compound interest for 2years at the rate of 5 on Rs 1000?

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Answer: Answer: Principal sum = ₹1000, interest rate = 10\%p.a. , time= 4yrs. Simple interest= P.R.T/100 = 1000×10×4/100 = 400. Compound interest= P{1+ R/100}™ – P =1000{1+10/1000}^4-1000 = 1464.1 – 1000 = 464.1 Thus difference in interests= 464.1 – 400 = ₹64.1.

### On what sum of money will the difference between simple interest and compound interest for 2 years at 5\% per annum will be equal to rupees 50?

The difference between simple interest and compound interest is Rs. 63. ∴ The required sum of money is Rs. 25200.

On what sum of money will the difference between the compound interest and simple interest for 3 years be equal to ₹ 930 if the rate of interest charged for both is 10 Pa?

Difference between the compound interest and simple interest for 3 years be equal to 930, if the rate of interest charged for both is 10\% p.a. To Find: What is sum of money? Means amount of sum is 30000 Rupees.

What is the difference between simple and compound interest in maths?

The difference between the two is that simple interest is a fixed amount of interest that is added on every year. This is based on the original amount. With compound interest the amount you are calculating interest on, changes every year.

#### On what sum does the difference between the compound interest and the simple interest for 3 years at 10\% is Rs 317?

∴ Rs 31 is the difference when the sum is Rs (1003.10×31) ( 100 3.10 × 31 ) = Rs 1000.

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On what sum of money will the difference between compound interest and simple interest for 2 years at 8 pa be Rs 384?

Hence, the required answer is Rs. 20,000.

What is the formula of difference between simple interest and compound interest for 2 years?

If the rate of interest per annum is the same under both simple interest and compound interest then for 2 years, compound interest (CI) – simple interest (SI) = Simple interest for 1 year on “Simple interest for one year”.

## What is the difference between compound interest on Rs 1000 for 2 years?

The difference between the compound Interest (compounded annually) and the simple interest on a sum of Rs 1000 at a certain rate of interest for 2 years is Rs 10.

What is the sum of the difference between simple interest and compound?

The difference in simple interest and compound interest on a certain sum of money in 3 years at 10 \% p.a. is Rs. 372. The sum is Explanation: Let us assume P= Rs. 1000. SI= Rs. 300, CI = Rs. 331 Difference = 331 – 300 = Rs. 31. Applying the unitary method, the difference Rs. 372 is 12 times Rs. 31.

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How do you find the rate of interest on compound interest?

The compound interest on a certain sum of money for 2 years is Rs. 208 and the simple interest for the same time at the same rate is Rs. 200. Find the rate \%. Explanation: SI = Rs. 200 = Rs. 100 + Rs. 100 CI = Rs. 208 = Rs. 100 + Rs. 108 (In first year SI & CI are equal.) Therefore, Rs.8 Gap is because of the interest of 1 st year interest.

### What is the rate of interest on Si for 2nd year?

Explanation: SI for 3 years = 225 → SI for 1 year = 75 ∴ CI for 1 year = 75. So CI for 2 nd year = 90 and SI for 2 nd year = 75. Difference = 15 ∴ Rate of interest = (15/75)x100 = 20 \% Q.6. The simple interest on a sum of money for 2 years is Rs. 150 and the compound interest on the same sum at same rate for 2 years is Rs. 155. The rate \% p.a. is

What is the sum of difference between si & ci for 2 years?

The difference in simple interest and compound interest on a certain sum of money in 2 years at 18 \% p.a. is Rs. 162. The sum is Explanation: If Diff. between SI & CI for 2 years is Rs. x, Principal = x (100/r) 2 P = 162 x (100×100)/ (18×18) → P = 5000.