The difference between CI and SI for two years on sum of Rs.4800 at 10% per annum is: |
48 47 50 45 |
48 |
10% = \(\frac{1}{10}\) ⇒ \(\frac{Diff.}{Principal}\) = \(\frac{1^2}{10^2}\) = \(\frac{1}{100}\) ⇒ 100R = 4800 ⇒ 1R = 48 ⇒ Difference = 1R = 1 × 48 = 48 |