Category: Mathematics | Last updated: 2026-09-18

The difference between SI and CI on Rs. 5000 for 2 years at 4% per annum is:

A) Rs. 8

B) Rs. 10

C) Rs. 12

D) Rs. 6

Explanation

SI = 5000×4×2/100 = 400. CI = 5000(1.04)²-5000 = 5408-5000=408. Diff=8.

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