A) Rs. 17.50
B) Rs. 36
C) Rs. 45
D) Rs. 72
Correct Answer: D
Solution :
We know that the difference between the SI and CI at the rate of r% per annum on Rs. P for 2 yr will be \[{{\left( \frac{r}{100} \right)}^{2}}\] Here, \[r=12%\] and \[P=\text{Rs}.\,5000\] \[\therefore \] Required difference \[=5000{{\left( \frac{12}{100} \right)}^{2}}\] \[=5000\times 0.144=Rs.\,72\]You need to login to perform this action.
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