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What will be the difference between compound and simple interest on a sum of Rs. 4,000 for 2 years at the rate of 5% per annum ?4,000 रुपये पर चक्रवृद्धि एवं साधारण ब्याज का अन्तर क्या होगा, जबकि दर 5% वार्षिक एवं 2 वर्ष का समय हो ?

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Correct answer: C. Rs. 10.0010.00 रुपये

Explanation

For 2 years, CI − SI = P × (R/100)² = 4000 × (5/100)² = 4000 × 1/400 = Rs. 10. (Check: SI = 400, CI = 4000(1.05² − 1) = 410.)2 वर्ष के लिए CI − SI = P × (R/100)² = 4000 × (5/100)² = 4000 × 1/400 = 10 रुपये। (जाँच: SI = 400, CI = 4000(1.05² − 1) = 410।)

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