Mathematics
Find the difference between simple interest and compound interest on ₹ 4,000 for two years at 10% per annum.
Related Questions
₹ 8,000 were invested at 5% per annum C.I compounded annually. Find :
(i) the amount at the end of the second year.
(ii) the interest for the third year.
Simple interest on a certain sum of money at 9% is ₹ 450 in 2 years. Find the compound interest, on the same sum, at the same rate for 1 year, if the interest is reckoned half yearly.
Simple interest on a certain sum of money for 3 years at 5% per annum is ₹ 600. Find the amount due and compound interest on this sum at the same rate after 3 years, the interest being reckoned annually.
On what sum of money will the difference between simple interest and compound interest for 2 years at 5% per annum be equal to ₹ 50 ?